Impact of Covid-19 on Digitalization Aspect on India’s MSMEs
Author's Name : Pooja Khatri, Hemant Kothari, Laxman Ram Paliwal
Journal Name : From Industry 4.0 to Industry 5.0: Mapping the Transitions
Volume : -----
Year of Publication : 2023
Abstract :
Covid-19 pandemic has brought severe health and economic shocks globally. World economy shrank. Businesses especially MSMEs faced severe brunt which even challenged their survival. The importance of MSME sector for Indian economic development cannot be ignored. This sector contributes to industrial production, GDP growth, export earnings, employment generation, regional development, economic diversification and social stability. This exploratory research paper aims to study the impact of pandemic on economy in general and on MSMEs specifically.
