Impact of Coronavirus on MSME Sector- Molitics

COVID-19 pandemic has drastically impacted the Indian economy and the MSME sector has been adversely affected by the virus. MSMEs are the backbone of the Indian economy. This sector employs over 100 million people and contributes to over 30% of the GDP. If the current crisis continues then around 30% of the MSMEs will face closure.

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Uploaded on June 17, 2020