scholarly journals Impact of Covid-19 on MSMES in India and Strategies for Revival of MSMES Post Covid-19

Author(s):  
Dr. Y. Arundhathi

Today the entire world is under the grip of COVID19. It is impacting the global economy and creating atmosphere of uncertainty. This Pandemic has not spared any sector such as agriculture, corporate, medium and small industry and services sector. MSMEs are the backbone of the Indian economy was hit due to demonetization and GST implementation. In India COVID19 has battered all sectors of the economy MSMEs are the worst hit. MSMES are considered as a growth engine of the nation and they contribute 33.5% of India's manufacturing output, and giving employment to 121million people and generation 45% of India's exports. In this paper an attempt is made to identify the problems of MSMEs, and to study the impact of COVID19 on MSMEs. Another attempt is made to examine the measures taken by the government of India in MSMEs sectors to achieve the dream of self reliant India.

2021 ◽  
pp. 097639962097420
Author(s):  
Gaurav Bhattarai ◽  
Binita Subedi

The global economy has been severely paralysed, owing to the unprecedented crisis triggered by the COVID-19 pandemic, and different studies have indicated that the crisis is relatively more maleficent to the lower-income and middle-income economies. Methodologically, this study relied on the review and analysis of the grey literature, media reporting and data published by the Asian Development Bank, United Nations Conference on Trade and Development (UNCTAD), United Nations (UN), World Bank, International Monetary Fund (IMF) among others. The article begins by describing the impact of the pandemic on low-income and middle-income countries, and it discusses how they have responded to the crisis. While discussions have surfaced regarding whether COVID-19 will reverse the process of globalization, what will be its impact on the low-income country like Nepal? The study also highlights that with foreign direct investments speculated to shrink and foreign assistance and remittance taking a hit, how is Nepal struggling to keep its economy afloat? Analysing the new budget that the government unveiled in 2020, this study concludes with a note that instead of effectively implementing the plans and policies directed by the budget, Nepal is unnecessarily engaged in political mess and is needlessly being dragged into the geopolitical complications.


Author(s):  
Vebionita Megi Putri ◽  
Delfi Eliza

Children are generations or descendants as a result of the relationship between men and women, whether in marriage or not. Early childhood is an individual who is experiencing a period of very rapid growth, even though now the entire world is experiencing the Covid-19 pandemic, it is not an obstacle to children's development and growth. With the pandemic, the government is implementing learning at home, the use of technology media is the main key in online learning. This study aims to describe the impact of using gadgets in early childhood in the aspects of language development. This research was conducted using the literature study method in which journals, books and other sources reinforce this research.


Author(s):  
Dr. S.K.S. Yadav ◽  

COVID-19 has affected the entire world. India, like other countries have adopted the safest way of lockdown in order to prevent the pandemic. One of the most critical impact of lockdown is increasing inflation. Covid-19 has affected the economy in many ways, but the most tangible outcome is the impact of inflation that has affected each and every person. Even into the pandemic, Inflation in India did not see it going below 6%. Inflation has been one of the most burning issue of economics. It is an increase in the prices of daily commodities over a period. This paper is an attempt to understand the impact of inflation on Indian economy during COVID-19. The paper looks at the methods that are used to measure the level of inflation, and the factors that are responsible for the current high level of inflation in India during COVID-19.


2020 ◽  
Vol 5 (3) ◽  
pp. 41-47

The COVID-19 pandemic has been the greatest threat to human lives of the entire world since January 2020. In the present article, we discuss a mathematical model regarding the spread of COVID-19 in India. This model is aimed at finding the nature of time dependence of the number of symptomatic patients, officially recorded in the country, during the period from 01 March 2020 to 23 April 2020. The number of persons infected with the coronavirus disease, as declared by the government on a regular basis, is most probably the number of patients who have experienced the symptoms of the disease. The present study is based on a differential equation that has been formed here to find how the number of asymptomatic patients increases with time. The number of symptomatic patients has been estimated from its solution. The nature of its time evolution is found to be quite consistent with the data obtained from government records, for a certain set of parameter values of the model. Using this particular set, we have discussed the impact of imposition of a countrywide lockdown and its withdrawal.


2017 ◽  
Vol 7 (2) ◽  
pp. 312-316
Author(s):  
Nithiya K

A tax is not a voluntary payment or donation, but an enforced contribution imposedby government under the names of toll duty, custom, excise, subsidy or other name. The Goods andService Tax (GST) which was introduced from July 2017 by the Government of India is a valueadded tax, which is the only indirect tax that directly affects all sectors and sections of our economy.In this paper I have dealt in detail the impacts of GST, though its various objectives andfeatures in strengthening the Indian economy. Further the impact of Integrated Goods and ServiceTax (IGST),have been discussed at length in benefitting the individuals, importers, exporters andorganization.


Author(s):  
M. Vivek Prabu, Et. al.

The Covid19 outbreak has shattered the Global economy and Indian economy too had got no exemption from it. Despite the GDP of India moving in the negative trend, very few sectors like Pharmaceutical and FMCG have shown some positive signs because of this pandemic and the lockdown followed by it. Consumer staples will always remain essential irrespective of the economical movement. In particular, during the tougher times, whenever there arises an unprecedented scenario, the humankind will always try to safeguard itself and in turn that will certainly cause a high demand in the FMCG sector. In this paper, we will be analysing the impact of lockdown in the movement of the FMCG sector using some of the Statistical tools


2020 ◽  
Vol 11 (SPL1) ◽  
pp. 558-566
Author(s):  
Kiran Srinivas B ◽  
Gayatri Devi R ◽  
Yuvaraj Babu K

Coronavirus disease [Covid 19] is an infectious communicable disease causing severe causality among the world’s population. A communicable disease with high intense spread rates originated from China. As a result the world has locked all its gates, prevails in the entire world. Economy the most affected sector in any country, daily life living is now restricted. The main aim of this study is to test the knowledge and create awareness on various attributes that are related to the Indian economy among the Trichy population. A self assessed questionnaire containing 14 questions about Indian economy during COVID 19 were framed and was shared through an online survey platform. The questionnaire was passed to 109 individuals. Responses from them were collected and were through SPSS. Many residents from Trichy are aware about various aspects that affect our economy. Most of the responses from them were relevant and correct, emphasizing that they are already aware in these fields. Pandemic plays an important role in deciding a country’s economy. It shows its effects on all sectors of the government. Measures should be adopted by the citizens in order to escape from this economic fever.


Author(s):  
Abdussalam Shibani ◽  

2020 is a special year, this year the world’s economy has become extremely unstable because of the arrival of COVID-19. Idiosyncratic shocks have hit the global economy. The stock market has suspended, companies have closed, unemployment has soared, every industry has faced the biggest crisis since the Second World War. The British construction industry is certainly no exception. This time it will be the victim of this epidemic and the financial crisis. Compared with the European and American countries, the impact of the epidemic in Asia (Malaysia and China) is relatively light. The development of the epidemic situation in these countries has been controlled relatively effectively and strictly controlled. They are inextricably linked. However, the impact of construction projects in any area under the epidemic, the countermeasures adopted by the government, the epidemic prevention measures adopted by the company and the risk prevention strategy are very different. Therefore, under different circumstances, whether it is from the construction industry managers themselves or government policymakers, it is essential to apply correct and valid management measures to face the projects under construction under the epidemic actively. Simultaneously, collect statistics from questionnaire surveys of three countries in the region, then get an experimental result. Besides, different countries have different policies and forms of epidemic development. So, this research will summarize the corresponding policies and coping strategies of the project. It based on statistics of Malaysia and Chinese construction Projects, surveys for five projects to make comparisons than do statistics to the survey result.


2022 ◽  
pp. 133-145
Author(s):  
Chitra Krishnan ◽  
Richa Goel ◽  
Jasmine Mariappan

The goal of the study is to look at the impact of COVID-19 on major industries including automobiles, wellness, education, tourism, and many others, as well as migrant workers' status. COVID-19, a sudden epidemic, has had a devastating impact on the Indian economy. The migrant population was also affected by this situation. They were concerned about labor shortages, monthly rationing, and social insurance shortages. In this investigation, secondary data was gathered. The study focuses on the influence of COVID-19 on important industries such as automotive, wellness, education, tourism, and so on, as well as the position of migrant workers. Secondary data was acquired for this inquiry. Blogs, magazines, newspapers, news from foreign agencies, written academic papers, government materials, and websites are examples of secondary sources. Educational institutions, customers, legislators, the government, and the community will all profit from this research.


2021 ◽  
Vol 83 (4) ◽  
pp. 111-119
Author(s):  
Nor Aznan Mohd Nor ◽  

The impact of COVID-19 pandemic to manufacturing companies has been horrendous that panic attack has occurred among the companies, as well as semiconductor companies. Many companies have been declared bankrupt due to this pandemic and a new normal have been born such as remote working, following by certain Standard Operating Procedures (SOPs) implemented by the government to avoid infection of this COVID-19 virus and practice social distancing at the workplace. Apart from the new normal, there are some effects to the semiconductor companies in a way that could present a negative impact to the future of the companies. There are some drastic measures being implemented to adapt with the new normal as well as keeping the production running as usual. The main motive of analyzing the current situation is to avoid complete down fall of production of semiconductor companies which may affect the global economy.


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