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Impact of Covid 19 on MSME Sector in India: A Literature Review

Author

Listed:
  • Mora Saritha

    (Department of Finance and Accounting, ICFAI Business School, IFHE Hyderabad, India.)

Abstract

The world over has witnessed the pandemic called Covid-19 over the last 2 years. The unknown before and unanticipated doom has created havoc in an unprecedented manner. The adverse impact of this pandemic is globally recognized and it spread as a contagion affecting trade across nations undesirably. India being second largest populous country is no exception to this adversity. The lock down which is considered as one of the means to contain the spread of this pandemic was implemented in our country since March 2020, however unlock situation is being introduced in a phased manner. Though lock down was effective in containing the spread of pandemic, it was enabling the economy to cripple from progressing. Industries in manufacturing and services sector could not able to sustain lockdown and were pushed to doldrums. Majority of the enterprises suffered huge losses and were on the verge of closure. The MSME (Micro, Small and Medium enterprise) sector has been seriously hit due to this lock down measure. The present article reflects the review of literature surrounding MSMEs spanning from the last 2 years. The literature has been collected from various journal articles, government reports, newspaper articles etc.

Suggested Citation

  • Mora Saritha, 2022. "Impact of Covid 19 on MSME Sector in India: A Literature Review," International Journal of Economics and Financial Issues, Econjournals, vol. 12(6), pages 45-51, November.
    • Handle: RePEc:eco:journ1:2022-06-6
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    References listed on IDEAS

    as
    1. Ramanjini & K Gayithri, 2020. "Is Public Education Expenditure Pro-Cyclical in India?," Working Papers 506, Institute for Social and Economic Change, Bangalore.
    2. Sulistiowati, 2020. "ACHIEVE Model on Research and Publication Performance," GATR Journals gjbssr553, Global Academy of Training and Research (GATR) Enterprise.
    3. ., 2020. "From public interest to common interests," Chapters, in: Public Private Partnerships, chapter 6, pages 116-137, Edward Elgar Publishing.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    MSME; Classification; Lockdown; Relief measures;
    All these keywords.

    JEL classification:

    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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