Indian MSMEs have shown more resilience during second wave: Study
The Hindu
`Business declined only 11% in 2021, compared to almost half in 2020'
India's medium, small and micro enterprises (MSMEs) have shown better resilience during the second wave of the COVID-19 pandemic as their businesses on an average declined only 11% as compared to almost half (46%) after the national lockdown in 2020, as per a study. A 2021 mid-year COVID-19 impact analysis released by fintech start-up Khatabook on Wednesday, however, said the MSME segment was yet to recover to the pre-COVID-19 levels of March 2020.
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