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Managing Receivables When Your Customers Are Government or PSUs

Framework to manage government and PSU receivables in India and protect working capital

If your biggest customers are government departments or PSUs, you already know this truth: sales are guaranteed, but cash is not. On paper, things look better than before. Delayed payments to Indian businesses have come down to ~₹7.34 lakh crore as of March 2024, lower than previous years. But for MSMEs and mid-sized suppliers, that […]