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This paper talks about impact of COVID-19 induced triple crisis (supply chain, demand chain and labor disruption) on India's Micro, Small, and Medium Enterprises, which is one of the key driver of Indian Economy. MSME's are the backbone of the economy employing more than 11.10 crore workers in...
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Industry is a branch of trade or manufacturing activity which is generally concerned with production of goods for market. Industrial activity invariably includes mechanical invention and technological innovation operate by the employees that help maximum production with minimum expenditure. To...
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This study uses data from a survey of micro, small, and medium enterprises in India to document the impact of COVID-19 containment lockdowns on firms, their responses, and adaptation strategies. We find that profits and sales of the majority of firms declined substantially. Temporary closures,...
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The Micro, Small, Medium Enterprises (MSME) sector has one of India’s highest employment Indexes and is the launchpad for all genres and innovators. This sector is inclusive in integrating grass root level workers into tech innovators. There are about 63 million MSMEs in India, employing 110...
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India is one of the fastest growing economies in the world. India has 3rd largest group of scientists and technicians in the world. Our country ranking in global innovation index at 52nd position.The Indian economy is getting ready to become an Innovation and 5 trillion economy in coming days....
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Like a lightning bolt, COVID-19 stuck humanity and caught every one in disbelief. Unprepared to face such an unprecedented and deadly virus, nations are grappling to find a solution and assure the masses, who are gripped in fear and uncertainty. The MSMEs known as the backbone of Indian economy....
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