<h1>Government Acts to Prevent MSME Payment Delays; New Councils, Online Portal, and Reporting Requirements Introduced.</h1> The Union Government has implemented several measures to address the issue of delayed payments to Micro, Small, and Medium Enterprises (MSMEs) by large corporations. To prevent these businesses from being classified as Non-Performing Assets (NPAs), 60 Micro Small Enterprises Facilitation Councils have been established for dispute resolution. The SAMADHAAN portal allows MSMEs to register payment delay cases online. Companies with a turnover exceeding Rs. 500 crore must join the Trade Receivables Discounting System to improve cash flow. Additionally, companies must report payment delays exceeding 45 days to the Ministry of Corporate Affairs. MSME-Development Institutes assist in restructuring debts to avoid NPA classification.