‘Crippling regulatory delays, high compliance costs hurting MSMEs’

Assocham’s report outlines regulatory, infra bottlenecks that continue to hinder biz operations across key states

- OUR CORRESPONDENT

Critical barriers, including crippling regulatory delays, high compliance costs and a lack of effective single window systems, are holding back MSMEs from realising their potential, industry lobby Assocham said on ‘Thursday.

Citing its report titled “Ease of Doing Business in the Indian States.’ the industry lobby called for accelerated, state-driven reforms to empower micro, small, and medium enterprises (MSMEs).

‘The report outlines the major regulatory and infrastructural bottlenecks that continue to hinder business operations across key Indian states. These include cumbersome and overlapping approval processes; GST-related hurdles, including complex registration procedures, refund delays, and frequent ITC disputes; logistics and infrastructure bottlenecks - including e-way bill inefficiencies, and unreliable electricity supply in states such as West Bengal and Odisha, which cause delays and production losses.