COVID Impact on Micro, Small and Medium Enterprises (MSME's) in India

COVID- 19 isn't only now global health, but it has come to be a profitable issue, in the entire world and the same is the case with India. Nevertheless, Indian frugality was formerly in a crunch of slow growth rate from last 2 times. Still, the arrestment of profitable conditioning with this COVID- 19 would further worsen the profitable growth rate of India. The growth rate of Indian frugality has formerly declined to 4.5 percent in Jan 2020, which was 7.7 percent in 2018. The World Trade Organization ( WTO) has projected that global trade in goods is set to decline acutely between 13 percent and 32 percent in 2020 as entire nations of the world are battling with the COVID- 19 epidemic. Still, India has suffered veritably poorly as the biggest impact would be on the MSME sector because it contributes 48 percent to the total import hand basket of the country. These sectors are the largest employment furnishing sector and are contributing further than 30 percent to the GDP of the country. In this environment, this paper focuses on the following aspects impact on COVID 19 on MSMEs in India, colorful issues for the enhancement of MSMEs in India, and some of the recommendations for these issues