If MSMEs fail to execute contract, 95 pc of performance security will be returned to small business as part of Vivad Se Vishwas, said Nirmala Sitharaman.
To settle contractual disputes, a voluntary settlement scheme will be introduced, the Minister said.
Tabling Union Budget, Nirmala Sitharaman, said, ‘To unleash Innovation and research by Startups and Academia, a National Data Governance Policy will be brought out. This will enable access to anonymized data’.
