The Inner Circle #11 — TReDS Mandated for CPSEs: Your MSME Supplier Action Checklist

TReDS Now Mandatory for CPSEs — What It Means for Your Business

Dear Inner Circle,

The government has finally ended the late-payment crisis for MSME suppliers. TReDS (Trade Receivables Discounting System) is now mandatory for all Central Public Sector Enterprises (CPSEs) — which means if you supply to any government company, your invoices can now be discounted within 48 hours.

The action checklist: Register on any TReDS platform (M1xchange, RXIL, or Invoicemart). Get your CPSE buyer to onboard — they are now legally required to. Upload pending invoices immediately. The discounting rate for MSME-rated invoices is now under 7%.

The One Question Every Leader Must Answer Before Any Big Decision

Chapter 2 of the Bhagavad Gita contains the most compressed leadership manual ever written. In eighteen verses, Krishna gives Arjuna a framework for decision-making under maximum uncertainty — facing family, duty, mortality, and identity all at once.

The question Krishna forces Arjuna to answer is not "what should I do?" but "who am I, and what do I stand for?" Every leadership crisis I have ever seen — in MSMEs, in boardrooms, in families — collapses into this same question.

Reading This Month

Accelerate Your Hustle: 7 Rules & 9 Attributes

The startup playbook for Indian entrepreneurs — 7 rules that separate founders who scale from those who stall.

View on Amazon →

Dr. Dibyendu Choudhury

Retd. Govt. Employee (MoMSME) · Author · MSME Policy Expert · Vedic Scholar

Until next fortnight — keep thinking, keep building.

Visit the Website →