Amid Opposition protests, Rajya Sabha passes MSME Bill
The Rajya Sabha passed the MSME Development (Amendment) Bill, 2026, amid protests from the Opposition regarding police action against students. The bill aims to improve liquidity for small businesses by mandating invoice settlements through a digital platform.
Amid the Opposition’s uproar demanding an apology from Union Home Minister Amit Shah over the police action against protesting youth and students, the Rajya Sabha on Monday (August 3, 2026) passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026. The Upper House functioned for only 19 minutes in the morning, and after reconvening in the afternoon, was adjourned for the day soon after the Bill was passed.
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