Lok Sabha passes the Factoring Regulation (Amendment) Bill, 2021 and The National Institutes of Food Technology Bill.
The Lok Sabha passed the Factoring Regulation (Amendment) Bill, 2021 and The National Institutes of Food Technology, Entrepreneurship and Management Bill, 2021. The Factoring Regulation (Amendment) Bill, 2021 – aimed at helping MSMEs tide over problems of delayed payments as it seeks to broaden the participation of entities undertaking factoring
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The second Bill aimed to declare certain institutions of national importance.