文章基本信息

标题：Performance of Substantial Role in Stimulating the Growth of the Indian Economy and its impact on MSMEs
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作者：P. CHENNAKRISHNAN ; R. Vijayakumar ; Mr.K. Magesh Kumar 等
期刊名称：International Journal of Early Childhood Special Education
电子版ISSN：1308-5581
出版年度：2022
卷号：14
期号：3
页码：4964-4968
DOI：10.9756/INT-JECSE/V14I3.655
语种：English
出版社：International Journal of Early Childhood Special Education
摘要：The MSMEs sector has been one of the most vulnerable sectors during pandemic because of its size, scale of business and availability of financial resources. Studies and surveys showed that approximately 95% firms were impacted negatively due to national lockdown imposed in April 2020, 70% of businesses remained disrupted till August 2020. Even after progressive unlocking, reports suggest that almost 40% businesses remained interrupted till the end of February 2021. The three critical barriers faced by MSMEs are market access, overall productivity and getting access to more finances. An average 11% decline in business volume of Indian MSMEs has been recorded because of lockdown in 2021 in comparison to 46% decline during nationwide lockdown in year 2020.
关键词：The MSMEs sector has been one of the most vulnerable sectors during pandemic because of its size;scale of business and availability of financial resources