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Most PSUs yet to adopt e-platform to pay MSMEs
The New Indian Express Dharmapuri
|October 27, 2025
THE state’s push to ensure timely payments to MSMEs has faltered, with only 22 of Tamil Nadu’s over 60 PSUs actively using the Trade Receivables Discounting System (TReDS) platform — despite a GO making participation mandatory.
The TReDS mechanism, designed to allow MSMEs to channelise their invoices and payments through banks and financiers to ease cash-flow pressures, has seen poor adoption among state-owned entities. Concerned by the slow uptake, the Finance Department has issued a circular directing all PSUs, statutory boards, apex cooperatives and municipal corpora
Dit verhaal komt uit de October 27, 2025-editie van The New Indian Express Dharmapuri.
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