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Extension for Vivad se Vishwas I (VsV I): Relief for MSMEs

Admin December 31, 2023

Extended Submission Period for Vivad se Vishwas I (VsV I): MSME Relief Scheme

The Ministry of Railways, Government of India, has issued a notification (No. 2020/RS(G)/363/1) dated 28.12.2023, addressing the General Managers of Indian Railways, among others, regarding the implementation of “Vivad se Vishwas I: Relief for MSMEs.” This one-time settlement scheme was introduced by the Department of Expenditure, Ministry of Finance, with detailed guidelines outlined in OMs dated 11.04.2023, 02.06.2023, 15.06.2023, and 22.12.2023.

Government of India
Ministry of Railways
(Railway Board)

No. 2020/RS(G)/363/1(E 3328703)

Dated: 28.12.2023

The General Managers, All Indian Railways/PUs, NF(C), CORE
DG/RDSO/Lucknow, NAIR/Vadodara
PCAO, PLW/Patiala, COFMOW
CAO, WPO/Patna, RWP/ Bela
CMDs/ MDs of Indian Railway PSUs/ Autonomous Bodies / Societies

Sub: Vivad se Vishwas I (VsV I): Relief for MSMEs.

Ref: (i) PPD/DoE/MoF’s OM No. F.1/1/2023-PPD dated 11.04.2023.
(ii) PPD/DoE/MoF’s OM No. F.1/1/2023-PPD dated 02.06.2023
(iii) PPD/DoE/MoF’s OM No. F.1/1/2023-PPD dated 15.06.2023
(iv) PPD/DoE/MoF’s OM No. F.1/1/2023-PPD dated 22.12.2023

Vide DoE OM ref (i) to (iii) above, Government had decided to implement a onetime settlement scheme called “Vivad se Vishwas I: Relief for MSMEs” wherein detailed guidelines regarding the subject scheme were issued. The said OMs were circulated to Railway units for compliance, vide Board’s letter dated 13.04.2023, 14.06.2023 and 31.07.2023, respectively. Eligible claimants were permitted to submit claims, under the scheme, on GeM/IRePS portals between 17.04.2023 and 31.07.2023.

2. DoE vide their OM at ref (iv) above, has stated that it has been brought to their notice that eligible MSMEs could not lodge their claims on the portals because of lack of information about the scheme. In view of this, DoE has decided that eligible claims under the subject scheme can now also be submitted from 01.01 .2024 to 31.03.2024, as per the scheme. The same is enclosed herewith for taking necessary action.

CRIS shall make the system ready accordingly and also display the information on its homepage as well as on login to all vendors.

Encl: As above

( Anurag Grover )
Deputy Director Railway Stores (G)
Railway Board

Source Document PDF

Filed Under: Finmin Orders, Railway Board

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