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Impact of COVID-19 pandemic on Micro, Small, and Medium enterprises (MSMEs): India report
MSMEs in India have been adversely affected by the lockdown announced as a measure to contain the spread of COVID-19. This report outlines the impact of the pandemic on MSMEs and offers policy recommendations to support their recovery.
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1 min
Jun 4, 2020 by Abhishek Anand, Manoj Nayak, Nitish Narain, Shobhit Mishra, Surbhi Sood, Aakash Mehrotra, Mohak Srivastava and Gayatri Pandey
The economic disruptions from COVID-19 have left the MSME sector in India reeling. Our report discusses the nature and extent of the impact of this pandemic on the cash-flows, business operations, and supply chains of MSMEs. It delves deeper into the coping strategies MSMEs have adopted to mitigate the effect of this disruption. The report also highlights how the pandemic has triggered the uptake of digital technologies and provides policy recommendations to help MSMEs recover.
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