The Ministry of Micro, Small, and Medium Enterprises (MSME) mandates that all Central Public Sector Enterprises (CPSEs) and businesses with an annual turnover exceeding INR 250 crores must register on the Trade Receivables Discounting System (TReDS) platform by March 31, 2025.

A digital platform called TReDS (Trade Receivable Discounting System) was created to assist Indian MSMEs and companies in increasing their cash flow by making it easier for them to discount their trade receivables.