Delayed Payments

Driving Change With

Data that matters

Good data does more than just
tell a story. It helps us change it.

Using data to highlight one of the biggest barriers to MSME growth: delayed payments.

The Scale of the Problem
Delayed Payments 1.0

₹ 10.7 lakh crore
That’s how much working capital India’s businesses lose every year to delayed payments.

Nearly 5.9% of India’s Gross Value Added (GVA) is locked up.

And, 80% of this amount is owed to Micro and Small Enterprises.

In 2021, the median debtor days for micro-enterprises was 195 days beyond the legally mandated 45-day period.

Policy to the Rescue
Delayed Payments 2.0

Our second report highlighted solutions like strengthening cash flow lending and institutional mechanisms such as the TReDS platform and MSME Samadhaan.

Less than 1%
of registered MSMEs filed complaints on Samadhaan.

Only 26.2% of cases were disposed of or mutually settled.

Delayed payments are not about time, they’re about imbalance.
When systems favour size over fairness, small businesses keep waiting.

The Data is Shifting
Delayed Payments 3.0

Two years of policy focus have sparked a change.

Our new data tells a powerful story of how the ecosystem is evolving.

Payments On Time, Growth Har Time 

Delayed Payments Report 1.0

Unlocking the full potential of India's MSMEs through prompt payments

Delayed Payments Report 2.0

Imagining solution to unlock working capital for MSMEs

Delayed Payments Report 3.0

Two years of policy focus have sparked a change.