IBC and related reforms: Where do MSMEs Stand?

The MSME industry, colloquially referred to as the power engine of the economy has been a focal point of several reforms over the years. The recent reforms w.r.t. MSMEs and the Insolvency and Bankruptcy Code, 2016 (“Code’) has altered the stance of MSMEs, both as creditors and debtors. In this article, we shall discuss some significant reforms/ amendments w.r.t. MSMEs (due to COVID, or otherwise), and those under the Code and analyse the cumulative impact of these reforms on the sector in the prevailing scenario

Resources on MSME financing

Major reforms have been introduced for the MSMEs, providing the required boost to the sector. MSMEs have recently been put into the limelight with several regulatory and financial reforms concerning them.

We have put up this page to provide the access to all relevant resources on the subject at one place, along with our analysis. Hope that the readers find it useful.

Another couple of step ladders for the MSMEs

Primer on MSME Financing

IBC and related reforms: Where do MSMEs stand?

Self-dependent India: Measures concerning the financial sector

Regulator’s move to repair the NBFC sector

Recent changes in MSME sector

FAQs on delayed payment to MSMEs

Interest subvention scheme for MSMEs

Filing of return for delayed payment to MSMEs- Effective or frittering?

Snapshot of the initiatives for MSMEs

Transitory liberalisation of asset classification norms for MSMEs

Slew of measures for MSME sector

Help in the hour of need: RBI relaxes asset classification norms for MSME accounts

MSME factoring gets a priority sector status: Likely to give boost to sagging factoring volumes

Waking up from slumber: Government notifies revival and rehabilitation scheme for MSMEs

Reviving an MSME – The New Way

Will the Companies Act 2013 impede MSMEs from bond markets?