Proceedings of the First International Conference on Combinatorial and Optimization, ICCAP 2021, December 7-8 2021, Chennai, India

Research Article

The COVID-19 Impact in Micro, Small and Medium Enterprises and its Economic Revival Strategy – A way to ahead in the pandemic scenario

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  • @INPROCEEDINGS{10.4108/eai.7-12-2021.2315106,
        author={Nanda Gopal  L},
        title={The COVID-19 Impact in Micro, Small and Medium Enterprises and its Economic Revival Strategy -- A way to ahead in the pandemic scenario},
        proceedings={Proceedings of the First International Conference on Combinatorial and Optimization, ICCAP 2021, December 7-8 2021, Chennai, India},
        publisher={EAI},
        proceedings_a={ICCAP},
        year={2021},
        month={12},
        keywords={micro small \& medium enterprises (msme) indian economy and covid-19},
        doi={10.4108/eai.7-12-2021.2315106}
    }
    
  • Nanda Gopal L
    Year: 2021
    The COVID-19 Impact in Micro, Small and Medium Enterprises and its Economic Revival Strategy – A way to ahead in the pandemic scenario
    ICCAP
    EAI
    DOI: 10.4108/eai.7-12-2021.2315106
Nanda Gopal L1,*
  • 1: PSG College of Technology
*Contact email: lng.hum@psgtech.ac.in

Abstract

India is anticipated to appear as one of the emerging economies in the globe over the next decade in the context of developing political and economic theme. The (MSME) of India is going to play a prominent role for the required growth in the present scenario of countries economy. The far-reaching impact of corona virus continues to evolve. The government of India is taking measures to minimize the loss caused due to the universal pandemic. As we are enjoying the world largest MSME base in the world after China. The present pandemic situation has made its collision in various sectors over the economy. As the trade and industry actions banned to stop due to lengthened lockdown, MSMEs need a fiscal stimulus. The present study is made as an effort to analyze the structure of MSMEs and the crash of COVID 19 on the functioning with MSMEs with our nation.