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Abstract

A Comprehensive Analysis of the Covid-19 Pandemic and its Impact on the Indian Medium, Small & Micro Enterprise (MSME) Sector in India

Suhasini Singh

Christ (deemed to be University)

122-140 Vol: 11, Issue: 1, 2021
Receiving Date: 2021-02-21
Acceptance Date: 2021-03-09
Publication Date: 2021-03-25
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Abstract

This study provides an overview of the impact of COVID-19 Lockdown on the working on Micro, Small, and Medium Enterprises. The literature regarding the same has been analysed for the purpose of understanding and comparing the pre- and post-scenario. The nation-wide lockdown induced by the deadly pandemic had almost crippled the MSME sector due to suspension of business operations, disruptions in the supply chain, loss of business, large scale reverse migration by the workers and above all, cash flow crisis. In this research, a secondary qualitative analysis approach has been adopted. By adopting a narrative thematic description, probable recommendations have been suggested in line with some of the existing solutions as well as government relief aid measures.

Keywords: MSME; COVID-19; India; Finance; Impact; Measures

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