A Trade Receivables Discounting System (TReDS) an Electronic Plateform for Financing of Trade Receivables of MSMES
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.... Trade Receivables Discounting System (TReDS) an Electronic Plateform for Financing of Trade Receivables of MSMES <br>Budget<br>Dated:- 28-2-2015<br><BR>Comprehensive Bankruptcy Code for Ease of Doing....
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.... Business The Finance Minister, Shri Arun Jaitely presenting the Union Budget 2015-16, here today said that a significant part of the working capital requirement of a MSME arises due to long receivab....
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....les realization cycles and we are in the process of establishing an electronic Trade Receivables Discounting System (TReDS) financing of trade receivables of MSMEs, from corporate and other buyers, th....
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....rough multiple financiers. This should improve the liquidity in the MSME sector significantly. Shri Jaitley said that Bankruptcy law reform that brings about legal certainty and speed, has been iden....
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....tified as a key priority for improving the ease of doing business. SICA (Sick Industrial Companies Act) and BIFR (Bureau of Industrial and Financial Reconstruction) have failed in achieving these obje....
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....ctives. We will bring a comprehensive Bankruptcy Code in fiscal 2015-16, that will meet global standards and provide necessary judicial capacity.<BR> News - Press release - PIB....


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