Impact of COVID -19 on MSMEs in India
| Autor: | Pradeep Kumar N |
|---|---|
| Rok vydání: | 2020 |
| Předmět: | |
| Zdroj: | International Journal for Modern Trends in Science and Technology. 6:76-79 |
| ISSN: | 2455-3778 |
| DOI: | 10.46501/ijmtst060617 |
| Popis: | The Micro Small and Medium enterprises (MSMEs) have been accepted as the engine of economic growth and play an important role in the equitable economic development of country.The MSMEs constitute over 90% of total enterprises in most of the economies and are credited with generating the highest rates of employment growth and account for a major share of industrial production and exports.Coronavirus outbreak is eroding the already battered Indian economy in more ways than one.MSMEs, which is a crucial pillar of emerging economy like India’s are not able to do business as usual.The main objective of the study is to measure the major liquidity measures announced by the Central Government in this pandemic situation and to identify the rise of MSMEs in India and the initiatives by the banks. The study is based on the secondary data. |
| Databáze: | OpenAIRE |
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