Innovative Government-Backed Policy Measures in Nigeria for Sustaining MSMEs Post Pandemic

Target Population ◽

Fiscal Stimulus ◽

Web Based ◽

Business Operations ◽

Tax Relief ◽

Policy Measures ◽

The Government ◽

Medium Enterprises ◽

Turn Over

This chapter investigates the adequacy of the innovative government-backed policy measures as a sustainability plan for micro, small, and medium enterprises (MSMEs) in the post-COVID-19 era in Nigeria. From a target population of 2,300 MSMEs, a sample of 729 companies was drawn using the sample determination formula of Parten. The 729 sampled MSMEs were randomly administered web-based questionnaires through their emails. In the end, the 169 responses received were analysed and the results presented using descriptive and inferential statistics. It was found that the lockdowns had adverse effects on production and supply turn-over, sales, profits, customer patronage of MSMEs. With regards to the government fiscal stimulus, it was found that the relief materials and cash assistance, tax relief, debt rescheduling, and support incentives were inadequate to forestall the adverse effect of COVID-19 on the business operations of MSMEs. In practical terms, the chapter confirms a strong readiness in Nigeria to sustain MSMEs in the post-COVID-19 era.

COVID-19 Pandemic and Micro, Small and Medium Enterprises (MSMEs): Policy Response for Revival

SEDME (Small Enterprises Development Management & Extension Journal) ◽

10.1177/09708464211037485 ◽

2020 ◽

Vol 47 (3) ◽

pp. 213-228

Author(s):

Minaketan Behera ◽

Sanghamitra Mishra ◽

Niharika Mohapatra ◽

Alok Ranjan Behera

Keyword(s):

Economic Activities ◽

Fiscal Stimulus ◽

Indian Economy ◽

Long Run ◽

Market Linkage ◽

The Government ◽

Medium Enterprises ◽

High Degree ◽

The Relationship

The outburst of COVID-19 has not only distressed the economic and social activities of Indian economy but also the world economy as a whole. Out of different economic activities, the micro, small and medium Enterprises (MSMEs) affected a lot. This article attempts to measure the contribution of MSMEs towards Indian economy and also attempts to find out the challenges and problems in pre- and during COVID period. We have used different descriptive statistics to measure the impacts of MSMEs and also use of correlation and co-integration to measure the relationship among the variables such as number of MSMEs, investment amount, employment and output. This pandemic is an exceptional shock for MSMEs. It is evident that there is a high degree of significant positive correlation among the variables. Johansen’s co-integration analysis resulted in the rejection of the null hypothesis signifying the existence of long-run co-integrating relationship. Given the extensive COVID-19 chaos, the government needs to establish an ongoing monitoring system and declare urgent relief steps to improve the MSMEs sector’s confidence. E-market linkage for MSMEs should be promoted, and fiscal stimulus should increase for this sector. The Government of India should take various measures to improve Indian MSMEs and achieve the vision of Self-reliant India.

Pelatihan Dan Pendampingan Sistem Informasi Manajemen Di Era New Normal

Community Development Journal ◽

10.33086/cdj.v5i1.1960 ◽

2021 ◽

Vol 5 (1) ◽

pp. 205-212

Author(s):

Ni Luh Putu Sariani ◽

Ni Made Satya Utami Satya Utami

Keyword(s):

Support Service ◽

Quality Of Services ◽

Online Networks ◽

Business Operations ◽

Excellent Service ◽

World Economic ◽

The Government ◽

Bali has a charm nature, unique culture that captivated the hearts of foreign tourists and domestic to visit. Since the pandemic covid-19 struck the world, economic growth in Bali the year 2020 has decreased, because one of the economic incomes of the business sector tourism. Efforts The government Bali restore the economy, turn on the micro, small and medium Enterprises (SMES). Peken Facebook is the SMES take the opportunities businesses trading through online networks and social media that continues to innovate using digital technology in the pandemic covid-19. Based on observation and interview found a weakness, the absence of application of Management Information System (SIM) the better. The purpose for apply SIM in the running of the operational business Peken Facebook so the quality of services increased as well as customer satisfaction achieved. Methods the activities of socialization, provides training and the practice of direct application of SIM and mentoring. The results of the activity show the high enthusiasm of the participants, Peken Facebook apply SIM in the running of their business operations to support service activities to meet the needs of the consumer. Conclusion, the service is done to increase the quality of human resources and partnerships, understand the concept of SIM as well as can give the satisfaction of consumers. Advice, Peken Facebook expected can apply the SIM properly, perform the evaluation in accordance with the development of market conditions so that it can create, innovate, following the development of better technology, particularly in terms of the provision of excellent service to the consumer.

Pengaturan Waralaba Di Indonesia: Perspektif Hukum Bisnis

Liquidity ◽

10.32546/lq.v1i2.146 ◽

2018 ◽

Vol 1 (2) ◽

pp. 159-166

Author(s):

Muchtar Riva’i

Keyword(s):

Government Regulation ◽

Economic Community ◽

The Law ◽

The Government ◽

Medium Enterprises ◽

Article 5 ◽

Laws And Regulations

The law arrangement of franchise law was first explicitly regulated by the Government Regulation No. 16 of 1997 which is then updated by Government Regulation No. 42 of 2007 to be created in an agreement that at least contains clauses as stipulated by Article 5 of the Government Regulation. However, franchise arrangements also associated with a variety of other laws and regulations applicable in Indonesia. This article is going to state that the importance of partnerships with small and medium enterprises as an effort to encourage the involvement of the wider economic community.

Analysing spatial interdependence among the 2011 Thailand flood-affected small and medium enterprises for reduction of disaster recovery time period

Geoenvironmental Disasters ◽

10.1186/s40677-021-00180-4 ◽

2021 ◽

Vol 8 (1) ◽

Author(s):

Shubham Pathak ◽

Jorge Chica Olmo

Keyword(s):

Disaster Recovery ◽

Spatial Econometric ◽

Middle Income ◽

Management Planning ◽

Accurate Perception ◽

The Government ◽

Medium Enterprises ◽

Disaster Management Planning ◽

The Impact

AbstractNatural disasters have been a significant hurdle in the economic growth of middle-income developing countries. Thailand has also been suffering from recurring flood disasters and was most which are severely affected during the 2011 floods. This paper aims to identify the various factors that impact the speed of disaster recovery among the Small and Medium Enterprises (SMEs) severely affected by the floods in Pathumthani province in central Thailand, and how it is related to its speed decision of neighbours SMEs. The methodology adopts a spatial econometric model, to analysis and understand each of the chosen factors’ impact. The findings include the impact of disaster resilience, mitigation and planning at the SME level as well as the government level. The absence of accurate perception of actual risk, flood insurance and disaster management planning before the 2011 floods had contributed to the severity of the impacts during the 2011 floods.

Analisis Dampak Toko Modern Terhadap Keberadaan Usaha Mikro, Kecil, Menengah Di Kota Padangsidimpuan

AT-TAWASSUTH: Jurnal Ekonomi Islam ◽

10.30829/ajei.v4i1.4415 ◽

2021 ◽

Vol 4 (1) ◽

pp. 208

Author(s):

Rahmat Kurniawan ◽

Azhar Azhar

Keyword(s):

Human Resources ◽

Negative Impact ◽

Positive Impact ◽

City Government ◽

Banking Institutions ◽

The Government ◽

Medium Enterprises ◽

Role Of The Government

This research is to find out the perceptions of micro, small and medium enterprises to modern stores, MSME partnerships with modern stores, constraints, and the role of the government in overcoming the problems of modern shops and MSMEs in Padangsidimpuan City. This research is a descriptive qualitative study by conducting in-depth interviews. The results showed the perception of MSMEs towards modern stores had a negative and positive impact. The negative impact, the income of MSMEs has decreased. The positive impact, the presence of modern stores motivates MSMEs to evaluate themselves from modern stores. The partnership established by MSMEs with modern stores is the use of business locations provided by modern stores. The constraints of MSMEs are business capital, human resources, business legality, business permits and products, while the constraints of modern stores are business permits, human resources and partnerships with MSMEs. The role of the City Government of Padangsidimpuan is for modern stores, namely to give an appeal not to add to modern store outlets and to call for partnerships in terms of marketing local MSME products. For MSMEs, facilitate MSMEs with banking institutions in terms of providing venture capital, training and guidance to MSMEs, and making packaging houses.

Analysis and Design of Sales Information System on Web-Based E-Commerce in Yoga Farm Catfish Breeding Business Using UML

JURNAL MEDIA INFORMATIKA BUDIDARMA ◽

10.30865/mib.v4i3.2106 ◽

2020 ◽

Vol 4 (3) ◽

pp. 683

Author(s):

Muhamad Ridho Dwi Cahyo ◽

Candiwan Candiwan

Keyword(s):

Information System ◽

Business Processes ◽

Product Information ◽

Unified Modeling Language ◽

Future Research ◽

Web Based ◽

Unified Modeling ◽

Analysis And Design ◽

Yoga Farm is a Micro, Small, and Medium Enterprises (MSME) that focuses on catfish breeding that is still doing business processes manually. With this process, information received by related parties is very difficult to obtain quickly. Therefore, the product is still not widely known, and customers are still few because the system used in sales and promotions still uses a manual system. The research method used is qualitative. This study aims to create a sales information system recommended at Yoga Farm and design using Unified modeling language (UML) for the recommended business processes. Customers will get product information in real-time, products can be widely recognized, and the number of Yoga Farm customers can increase. Based on the results of this study, adoption of a web-based sales information system can certainly make it easier to get the latest information quickly, can expand the market and can also facilitate customers in the transaction. For future research, this research can be used as a reference for conducting similar studies at other MSMEs to increase sales

Sistem Pendukung Keputusan Kelayakan Penerimaan Nasabah Menggunakan Metode Profile Matching

Computer Engineering Science and System Journal ◽

10.24114/cess.v5i1.14520 ◽

2020 ◽

Vol 5 (1) ◽

pp. 98

Author(s):

Anita Ahmad Kasim ◽

Raziyan Dwi Pathan

Keyword(s):

Programming Languages ◽

Web Based ◽

Customer Data ◽

Matching Process ◽

Customer Acceptance ◽

Profile Matching ◽

Long Time ◽

Small Medium Enterprises ◽

Abstract—PT Sarana Sulteng Ventura is one company that aims to provide loan capital is micro, small, and medium enterprises (UMKM) as a venture partner timed short or long to be able to stand on its own with loan capital that fits with the kind of effort that it takes for the customer. In providing venture capital loans, the company has some terms and conditions that apply. and the company still cultivate customer data manually so that it takes quite a long time. Then with this author makes the eligibility decision support system which will facilitate customer acceptance staff employees of PT Sarana Sulteng Ventura to pre-screen customer deserves a loan business capital to client or small medium enterprises. The researchers used a system that is web -based systems using the programming language PHP and MySQL into its data base processing and sublime text 2 as editor of programming languages. This research used the method of profile matching process to perform the calculation of assessments to help give the eligibility decision of acceptance the customer at PT. Sarana Sulteng Ventura city of Palu.

Role of the Local Government and Participation of Micro, Small and Medium Enterprises (UMKM) In the Development of Plastic Craft Industry

Jurnal AKSI (Akuntansi dan Sistem Informasi) ◽

10.32486/aksi.v5i1.427 ◽

2020 ◽

Vol 5 (1) ◽

pp. 59-65

Author(s):

Ardyan Firdausi Mustoffa ◽

Ika Farida Ulfah ◽

Iin Wijayanti

Keyword(s):

Local Government ◽

Data Collection ◽

Qualitative Method ◽

Sampling Techniques ◽

Role Of Government ◽

The Government ◽

Craft Industry ◽

This study aims to describe the role of local government and the participation of Micro, Small and Medium Enterprises in the development of Plastic Woven Crafts in Karanggebang Jetis Village, Ponorogo Regency. The theory used in the formulation of the first problem regarding the role of local government uses the theory of Gede Diva (2009) which divides the role of government in three ways, namely the role of government as a facilitator, the role of government as regulator and the role of government as a catalyst. Second, the participation of UMKM actors uses the theory of Cohen and Uphoff in Distianto (2016) into four forms of participation, namely participation in planning, participation in implementation, participation in the utilization of results and finally participation in evaluation.This research uses the descriptive qualitative method. The technique of determining informants using purposive sampling techniques and data collection techniques carried out through interviews, observations, and documentation. The results of this research in the efforts to develop UMKM Plastic Weaving Crafts in Karanggebang Jetis Village, Ponorogo Regency, in general, there has been no interference from the government and UMKM entrepreneurs. So far, plastic woven crafts are still not developed. To develop UMKM especially plastic woven handicrafts located in Karanggebang Jetis, it is necessary to have the role of government and participation of UMKM actors.

Taxing Micro, Small and Medium Enterprises in Yogyakarta: Regulation and Compliance

BESTUUR ◽

10.20961/bestuur.v9i1.49184 ◽

2021 ◽

Vol 9 (1) ◽

pp. 59

Author(s):

Siti Rahma Novikasari ◽

Duc Quang Ly ◽

Kerry Gershaneck

Keyword(s):

Tax Policy ◽

Income Tax ◽

Government Regulation ◽

Tax Avoidance ◽

Tax Compliance ◽

Legal Compliance ◽

The Government ◽

Medium Enterprises ◽

Compliance Constraints

Government Regulation No. 46/2013 has not been optimal in providing legal compliance on taxation for Micro, Small, and Medium Enterprises (MSMEs), especially in Yogyakarta. This policy was evaluated and amended with Government Regulation No. 23/2018. The amendment in tax policy for MSME actors was this research background to examine: First, how does the final income tax policy impact MSME taxpayers' compliance in Yogyakarta? Second, what are the legal compliance constraints of MSME taxpayers? The method used in this research was a juridical empirical, supported with the statute and conceptual approach. The results showed that the amendment in the final income tax tariff policy from 1% to 0.5%, as well as provide legal certainty of the timeframe of taxation had a positive impact on increasing taxpayer compliance. There was an increase in the number of taxpayers to 41,000 in 2019, or an increase of 15.5% compared to the number of taxpayers in 2017. However, tariff reduction has not been the answer to taxpayer non-compliance, the Regional Office of the Directorate General of Taxes of the Special Region of Yogyakarta still found tax avoidance. Tax compliance constraints were also caused by taxpayers' distrust of the government, poor tax morale, and tax knowledge. The government needs to conduct a cooperative compliance approach in taxation policies based on trust and dialogue between taxpayers and the government to improve MSME taxpayer compliance.Keywords: Tax Compliance; Final Income Tax Regulation; Micro; Small; Medium Enterprises.

COMMERCIAL BANKS AND THEIR EFFECT ON SMALL AND MEDIUM ENTERPRISES FINANCING IN RWANDA: A CASE STUDY OF KIGALI CITY AND SOUTHERN PROVINCE

AGROFOR ◽

10.7251/agreng2101117e ◽

2021 ◽

Vol 6 (1) ◽

Author(s):

Mutamuliza EULARIE ◽

Giramata AURORE

Keyword(s):

Financial Services ◽

Commercial Banks ◽

Financial Industry ◽

Chi Square ◽

Southern Province ◽

Start Up ◽

Chi Square Test ◽

The Government ◽

Commercial Banks worldwide are identified to be one of the key players in the financial industry that have positively affected individuals involved in business, and the economy at large, through the functions they perform in the economy. However, inadequate financing in the activities of Small and Medium Enterprises (SMEs) is still the major constraint faced by people involved in business activities. Even though the Government of Rwanda has made effort to improve the accessibility to credit, entrepreneurs still have some challenges to access financial services in order to improve their businesses. The purpose of this research was to assess the contribution of commercial banks in financing SMEs in Rwanda. A sample of 60 SMEs was selected in Kigali and Southern Province of Rwanda. Data was collected from the respondents through a structured questionnaire. The collected data were analyzed using descriptive statistics such as frequencies and percentage distributions. A Pearson Chi-Square Test was used to analyze the relationship between commercial banks and SMEs in Rwanda. The results indicated that the main purposes of loan application were start-up capital, working capital and expansion of businesses. The results also revealed that there was positive relationship between commercial banks and SMEs in Rwanda. The results revealed as well, that commercial banks in Rwanda played a crucial role in contribution to SME’s economic development and small and medium entrepreneurs who got credit from commercial banks expanded their businesses and increased their income.