MSMEs in COVID-19 crisis and India’s economic relief package: a critical review

Authors

  • Dr. Pushkar Dubey Asst. Professor and Head, Department of Management, Pandit Sundarlal Sharma (Open) University Chhattisgarh, India
  • Kailash Kumar Sahu Research Scholar, Department of Management, Dr. C. V. Raman University, Bilaspur, Chhattisgarh, India

DOI:

https://doi.org/10.25215/0804.179

Keywords:

MSME, Indian Economy, Economic Package, COVID-19

Abstract

MSMEs (Micro, Small and Medium Enterprise) are the backbone of Indian economy as it contributes more than 30% in the India’s GDP (Gross Domestic Product). The present research studies the current conditions of MSMEs amid corona virus crisis and the economic relief package, specifically for MSMEs, entitled as “Atmanirbhar Bharat (Self-Dependent India)” in order to revive the business activities of MSMEs. Critical review of the economic package and modification needed in terms of MSMEs issues in the further announcements were discussed in this paper. Former RBI (Reserve Bank of India) governor Raghuram Rajan and Nobel Prize winner in economics Prof. Abhijit Banerjee has also contributed in the discussion in order to revive the Indian economy.

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Published

2022-11-05

How to Cite

Dr. Pushkar Dubey, & Kailash Kumar Sahu. (2022). MSMEs in COVID-19 crisis and India’s economic relief package: a critical review. International Journal of Indian Psychȯlogy, 8(4). https://doi.org/10.25215/0804.179

Issue

Vol. 8 No. 4 (2020): Volume 08, Issue 4, October-December, 2020

Section

Articles

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Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.