Paper Title
INDIAN MSMES: ROLE, MAJOR ISSUES AND OTHER PROBLEMS WITH SPECIAL REFERENCE TO LOCKDOWN EFFECT OF COVID 19 PANDEMIC
Article Identifiers
Authors
NONG TAYENG
Keywords
Economic growth, MSMEs, Indian economy, industrial production, labour population, lockdown effect
Abstract
Micro Small Medium Enterprise (MSMEs) is one the sectors of Indian Economy which is indispensible for the Country’s Economic Growth. It account for 45% of total industrial production, 50% of total export and contribute around 30 % of Indian GDP. It is also second highest employment provider sector next only to agriculture. If proper care provided to this sectors it could lead India to become one of the developed economies of the world. India has the potential to do so with huge numbers of labour population. However, of late it has been observe that the MSMEs sector have been severely affected by economic slowdown which exacerbated by lockdown imposed in the wake of covid-19 pandemic. This paper is an attempt to analyze the role and importance of MSME for Indian economy and also focus on major issues like lockdown effect, government role on reviving and support MSME, migrant worker issues and others problems faced by MSME sector in the present context which need immediate attention. These aspect have been dealt with the help of secondary sources of data, newspaper, reputed news portal, TV interview, Journals on related topic and personal experience.
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How To Cite (APA)
NONG TAYENG (January-2023). INDIAN MSMES: ROLE, MAJOR ISSUES AND OTHER PROBLEMS WITH SPECIAL REFERENCE TO LOCKDOWN EFFECT OF COVID 19 PANDEMIC. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(1), b95-b98. https://ijnrd.org/papers/IJNRD2301113.pdf
Issue
Volume 8 Issue 1, January-2023
Pages : b95-b98
Other Publication Details
Paper Reg. ID: IJNRD_185947
Published Paper Id: IJNRD2301113
Downloads: 000121978
Research Area: Social Science and HumanitiesÂ
Country: PASIGHAT, ARUNACHAL PRADESH, INDIA
Published Paper PDF: https://ijnrd.org/papers/IJNRD2301113.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2301113
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