Current Affairs · MSME Regulatory Ecosystem

Consider the following statements regarding the institutional support and regulatory environment for MSMEs in India: Statement I: The TReDS platform is an electronic mechanism where only MSME sellers can upload invoices, but both MSMEs and Large Corporates can act as financiers to provide liquidity to the sector. Statement II: Under the MSMED Act 2006, the Micro and Small Enterprise Facilitation Council (MSEFC) has the power to act as an arbitrator or conciliator in cases of delayed payments, and its decisions are binding on the parties. Statement III: The Government of India has mandated that Central Ministries and Public Sector Undertakings (PSUs) must procure at least 25 percent of their annual requirements from the MSME sector, with a specific sub-target for women-owned MSMEs. Statement IV: The 'Champions' portal serves as a one-stop-shop for grievance redressal, startup support, and technical guidance for MSMEs. Statement V: The Udyam Registration is a permanent identification number for MSMEs which requires the mandatory linking of the Aadhaar number of the proprietor, managing partner, or authorized signatory. Which of the above statements are correct?