International webinar on Pandemic COVID-19 and Survival of Indian MSMEs
Glocal School of Business and Commerce organizing the International webinar
Not a single country has remained untouched and impregnable from the onslaught of the havoc wreaking pandemic Covid-19. The world is facing such a torment not for the first time in human history. It has seen other pandemics too like Spanish Flu (1918) and Plague in 14th Century. But the question arises as to what makes this pandemic a novel one. The magnitude and severity of afflictions and transition of world from facing health crisis to economic crisis have been unprecedented. Indian economy too has not remained unmarred and most of the sectors of Indian economy including MSME have already lost its momentum due to this virus. The performance of MSME Sector was already under lenses before the outbreak of COVID 19 in India and government was serious and had taken many measures to improve the performance of this sector including the change in classification of units of MSME Sector from investment based classification to turnover based. Then sudden outbreak of this virus has become the reason of the biggest shock of modern time and a kind of nightmare for whole MSME Sector in general for the enterprises engaged in the business of non essential items in particular. This Webinar is an attempt to shed lights on impacts of the ongoing pandemic on Indian MSME Sector.