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Impact of Covid19 on Indian Economy

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Editors : SRUTHI. Edition : 1 Pager Size : 6*9 No. of Pages : 146 ISBN: 978-93-90699-73-5 Format : Paperback Ebook

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A giant fraction of India‘s corporations are small, casual and function in the unorganised sector. Recent annual reviews on Micro, Small and Medium Enterprises (MSMEs) point out that the region contributes to round 30% of India‘s GDP, and primarily based on conservative estimates, employs round 50% of industrial workers. Over 97% of MSMEs can be categorized as micro companies (with an funding in plant and equipment much less than ₹25 lakh), and 94% are unregistered with the government. These MSMEs are uniformly spread throughout rural and city areas and are equally represented in the manufacturing, alternate and offerings sectors.
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