Top companies

ASIANPAINT - 2815.85 (0.06%) AXISBANK - 1140.75 (0.13%) BAJAJFINSV - 1585 (-0.69%) BAJFINANCE - 6735.95 (-0.17%) BHARTIARTL - 1343.65 (-0.11%) BPCL - 627.1 (1.35%) COALINDIA - 472.35 (0.86%) HDFCBANK - 1463.75 (0.24%) HEROMOTOCO - 5085.35 (-1.09%) HINDUNILVR - 2323.1 (-0.86%) ICICIBANK - 1131.75 (0.06%) INDUSINDBK - 1409.35 (0.04%) ITC - 436.25 (1.11%) KOTAKBANK - 1700 (1.67%) MARUTI - 12619.75 (0.98%) ONGC - 277.9 (0.09%) RELIANCE - 2870.2 (0.68%) SBIN - 816.8 (0.6%) TATAMOTORS - 946.95 (1.13%) TATASTEEL - 167.25 (-0.12%) TCS - 3841.65 (-2.04%) TITAN - 3359.85 (0.78%) WIPRO - 460.75 (-0.8%)
TRENDING #BANK NIFTY 149 #ADANIPORTS 86 #ZOMATO 72

Public sector steel firms clear Rs 692 crore dues to MSMEs in May: Ministry

20 Jun , 2023   By : Debdeep Gupta


Public sector steel firms clear Rs 692 crore dues to MSMEs in May: Ministry


Public sector steel companies paid over Rs 692.36 crore to micro, small, and medium enterprises (MSMEs) in May this year, 35.6 percent higher than the payment made in the same month last year.

According to an official statement, during April-May 2023, steel CPSEs (Central Public Sector Enterprises) have made payments of Rs 1,321.32 crore to MSMEs, which is 23.8 percent higher than Rs 1,067.53 crore made during the corresponding period of preceding 2022-23 fiscal.

Of the total payment, Rs 692.36 crore was paid in the last month, the ministry said.

The status of pending payments to MSMEs by CPSEs of the steel ministry is being monitored on a weekly basis to ensure that dues are cleared within the 45-day deadline.


0 Comment


LEAVE A COMMENT


Growmudra © 2024 all right reserved

Crafted With ZEE WEB VALLEY

Partner With Us