Abstract
The world is doing combating with present day repulsions like the COVID-19, which has abandoned the whole world dumbfounded and concerning how one infection has carried the whole world to a halt. This overwhelming infection which is proclaimed by the WHO as the pandemic has taken over right around 195 nations in its grip. This infection is mounting an intense danger to the worldwide economy too, which is as of now in grave hazard. There is no uncertainty that the Indian economy, which is as of now faltering, is developing at probably the most reduced rate over the most recent six years In the worldwide gracefully chain, China assumes an essential job for India and its MSME division also, this part is toa great extent reliant on China for its crude material. In this manner complete lockdown of China and halfway lockdown of India has prompted different issues running from shrinkage of fares, end of creation, non-accessibility of labor, the vulnerability of utilization, and liquidity crush in the market as well. Miniaturized scale, little and medivum undertaking is the division which was at that point reeling under colossal pain right off the bat in view of demonetization, at that point in light of inadequately executed GST followed by the drawn-out monetary log jam lastly, the greatest of all - the COVID-19 which will exasperate the emergency in this particular area further. This research paper deals with the Challenges on MSME due to COVID-19. The data for this study were collected from various secondary sources of data such as articles, magazines, websites, etc.
Keywords
- COVID-19
- MSME
- lockdown
- GST
How to cite
Sruthi.s(2021),Impact of COVID-19 on MSME in India , IPEM JOURNAL OF INNOVATIIN TEACHER EDUCATION, 6 (1), 78–85.