INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Micro Small Medium Enterprise (MSMEs) is one the sectors of Indian Economy which is indispensible for the Country’s Economic Growth. It account for 45% of total industrial production, 50% of total export and contribute around 30 % of Indian GDP. It is also second highest employment provider sector next only to agriculture. If proper care provided to this sectors it could lead India to become one of the developed economies of the world. India has the potential to do so with huge numbers of labour population. However, of late it has been observe that the MSMEs sector have been severely affected by economic slowdown which exacerbated by lockdown imposed in the wake of covid-19 pandemic.
This paper is an attempt to analyze the role and importance of MSME for Indian economy and also focus on major issues like lockdown effect, government role on reviving and support MSME, migrant worker issues and others problems faced by MSME sector in the present context which need immediate attention. These aspect have been dealt with the help of secondary sources of data, newspaper, reputed news portal, TV interview, Journals on related topic and personal experience.
Keywords:
Economic growth, MSMEs, Indian economy, industrial production, labour population, lockdown effect
Cite Article:
"INDIAN MSMES: ROLE, MAJOR ISSUES AND OTHER PROBLEMS WITH SPECIAL REFERENCE TO LOCKDOWN EFFECT OF COVID 19 PANDEMIC", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 1, page no.b95-b98, January-2023, Available :http://www.ijnrd.org/papers/IJNRD2301113.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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