New Delhi: The Lok Sabha Friday passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 that seeks to address delayed payments to MSMEs by introducing faster dispute resolution timelines, strengthening recovery mechanisms and improving liquidity for small businesses.MSMEs contribute around 31% to the country's gross domestic product, 35% to manufacturing output and nearly 48% to merchandise exports. To improve cash flow for small businesses, the Bill mandates all central public sector enterprises to settle procurement invoices from MSMEs through the Trade Receivables Discounting System (TReDs).Also Read: Parliament adjourned for day amid Opposition protests over NEET, Ram temple donation…