Thursday, July 29, 2021

91% MSMEs were found to be functional during pandemic as per study conducted by NSIC

The Studies have been conducted by National Small Industries Corporation (NSIC) and Khadi and Village Industries Commission (KVIC) to assess the impact of COVID-19 Pandemic on MSMEs. As per the finding, 91% MSMEs were found to be functional and Five most critical problems faced by MSMEs were identified as Liquidity (55% units), Fresh Orders (17% units), Labour (9% units), Logistics (12% units) and availability of Raw Material (8% units).

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