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Lack of awareness amongst the MSMEs about their rights makes them suffer on many fronts. Updating oneself by devoting a small amount of time on a regular basis and making quick decisions will help MSMEs greatly in running a profitable enterprise. With various economic reforms unfolding, with many e-enablers such as GeM and TReDS showing remarkable performance, there is a need for the MSMEs to be more organised and systematic in their day-to-day business. A stitch in time saves nine, fast-changing economic scenarios have given everyone a chance to rethink their business strategies, modify them suitably and proceed towards transparency.