International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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IMPACT OF COVID 19 ON MSMES

    1 Author(s):  DR.DIGAMBAR KULKARNI

Vol -  11, Issue- 4 ,         Page(s) : 120 - 123  (2020 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

MSME Definition 2020: The Micro Small and Medium Enterprises (MSMEs) are classified as per the MSME Act-2006. In the economic package to the MSME sectors of the country, FM Sitharaman has provided 3 lac crore loan to boost up this sector. The Micro, Small and Medium Enterprises (MSMEs) sector has emerged as a highly vibrant and dynamic sector in the Indian economy over the last five decades. MSME sector had saved India's economy from great recession in 2008 and still contributing like the backbone of the economy.

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