- The survey among MSMEs during and after the lockdown period takes a closer look at the major problems faced by entrepreneurs.
- This survey shows that only 31 percent of those surveyed were aware of programs launched under the ‘Atmanirbhar Bharat’ initiative.
- The survey was conducted in 2020 and 2021 in two rounds, each of 1955 micro-enterprises.
A study of the impact of Covid-19 on micro-enterprises in
The report, entitled ‘
The survey conducted among MSMEs during and after the lockdown period takes a closer look at the major issues entrepreneurs face in relation to financial impact, business confidence and stress management, it said.
The survey, conducted in 2020 and 2021 in two rounds each of 1,955 micro-enterprises, found that more than 50 percent of companies reported having no coping strategies or mechanisms in place to deal with the impact of the pandemic, GAME said. in a statement.
GAME founder, Ravi
This survey shows that only 31 percent of those surveyed were aware of schemes launched under the ‘Atmanirbhar Bharat’ initiative, he said.
“As part of the package, financial institutions introduced a credit product for MSMEs whose loan accounts were categorized as Special Listing Accounts by credit institutions. While this was created to support MSMEs unable to repay loans, financial solutions can be created in the same way to encourage business adaptations in response to external challenges,” said Venkatesan.
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