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  Published Paper Details:

  Paper Title

The Assessment of Impact of Covid-19 on the MSME sector and their Revival Strategies

  Authors

  Dr. A. S. Bagwan

  Keywords

MSME, Impact of Covid-19, Revival in New Normal, MSME in Pune

  Abstract


This study has analysed the impact of the Covid-19 on the MSME firms and their revival strategies to face this challenge by analysing the responses of 99 select MSME firms in Pune. The study reveals that there was a severe impact of the Covid-19 pandemic on the performance of the MSME firms. The collected data have been analysed with the help of Excel and SPSS by applying ANOVA tests. The collected data have been analysed with the help of Excel and SPSS by applying ANOVA tests. The majority of respondents have faced challenges to survive in the pandemic. The MSME firms suffered from the decline in demand, delayed payments, shortage of labour, disruptions in the supply chain and, termination of production facilities due to Covid-19. The study further reveals that there was a severe impact of the Covid-19 irrespective of the size of the firms. Most of the firms have not availed the benefits of the Government schemes. They have raised finance from financial institutions and personal sources.

  IJCRT's Publication Details

  Unique Identification Number - IJCRTBA02025

  Paper ID - 284458

  Page Number(s) - 267-271

  Pubished in - Volume 13 | Issue 4 | April 2025

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Dr. A. S. Bagwan,   "The Assessment of Impact of Covid-19 on the MSME sector and their Revival Strategies", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.13, Issue 4, pp.267-271, April 2025, Available at :http://www.ijcrt.org/papers/IJCRTBA02025.pdf

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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
ISSN
ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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