A Short Note on Strategies made by the Government of India for the Endurance of MSMEs Post Pandemic - Covid 19

  • Gopisetti Ramya Research Scholar, Department of Business Management, Krishna University, Machilipatnam, Andhra Pradesh
  • Rajesh C Jampala Research Supervisor, Department of Business Management, Krishna University, Machilipatnam, Andhra Pradesh

Abstract

In Indian economy, the micro,small,medium enterprises MSMEs plays a crucial part in many structures. The commitment of the area represents 29% of Indian GDP, and utilizes more than 11 crore individuals in its 6.3 crore endeavors. Nonetheless, the COVID-19 pandemic significantly affects msmes in India, this area had nearly crash-arrived in 2020, confronting a solid withdrawal in income . The area had experienced the most in guaranteeing business coherence, tested by serious liquidity reserves and diminished request.
During the emergency, it’s the public authority’s liability regarding the focused on area to give means to endure what is going on and again to raise MSMEs area and furthermore the Indian GDP. Here we will take a gander at the few drives taken by the public authority of india to work on the msme area from the ruin happened because of pandemic Coronavirus.

Published
2022-03-19
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