Government accepts over 10K MSME claims worth INR 256cr refunds, ET Auto
MSME Claims: The Indian government has accepted over 10,000 claims from micro, small, and medium enterprises (MSMEs) under the Vivad se Vishwas-I scheme, resulting in refunds worth INR 256 crore. The scheme allows MSMEs to claim a refund of 95% of performance or bid security and liquidated damages forfeited during the Covid-19 period. The Ministry of Petroleum and Natural Gas granted the highest relief of INR 116.5 crore.
Source: indiatimes.com