Centre of Excellence
For Aspiring SMEs

A Joint Initiative by IFCI & FISME

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Delayed Payments To MSMEs Decline From Rs 10 Lakh Cr To Rs 7 Lakh Cr, But Challenges Persist: GAME-FISME Report

11 Jun, 2026

The value of delayed payments owed to Micro, Small and Medium Enterprises (MSMEs) has fallen to Rs 7.34 lakh crore as of March 2024, according to the Delayed Payments Report 3.0, “MSME’s Access to Finance and Timely Payments,” released by the Global Alliance for Mass Entrepreneurship (GAME), the Federation of Indian Micro and Small & Medium Enterprises (FISME), and C2FO.

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