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ISSN Number:
2582-8568
Journal DOI No:
03.2021-11278686
Title:
Impact of Covid 19 on MSMEs situated in Pimpri Chinchwad MIDC, Maharashtra
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Cite this Article:
,
Impact of Covid 19 on MSMEs situated in Pimpri Chinchwad MIDC, Maharashtra, International Research Journal of Humanities and Interdisciplinary Studies (www.irjhis.com), ISSN : 2582-8568, Special Issue, August 2021 International Conference Organized by V. P. Institute of Management Studies & Research, Sangli (Maharashtra, India), Page No : 370-377,
Available at : http://irjhis.com/paper/IRJHISICPC210851.pdf
Abstract:
Flareup of covid-19 in China and spread all over the globe has change the human life drastically. Covid is a global medical emergency without prescribe medicine. Lookdown is considered as only possible solution to stop the spread of airborne disease. Due to lockdown the life of people was on real extended pause. It has impacted on the economic activity at large. Economically marginalized section of the society has affected the most. MSME in India has been facing serous issues from the last 4 years in relation with the shortage of credit supply and international trade. Covid has impacted the most to the MSME due to its labor-intensive nature and dependence on the third-party transportation. Credit issue has become more intensive. Government of India realized that due to the credit cycle. Transportation and migration of labor has bleed the MSME hence government introduced the package specially for the MSME. Maharashtra is one of the financially develop state in India and Pimpri-Chinchwad is the fastest growing MIDC and in term of MSME registrations.
Keywords:
Covid, Lockdown MSME, labor migration,
Publication Details:
Published Paper ID: IRJHISICPC210851
Registration ID: 20401
Published In: Special Issue, August 2021 International Conference Organized by V. P. Institute of Management Studies & Research, Sangli (Maharashtra, India)
Page No: 370-377
ISSN Number: 2582-8568
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