Transcription of Situation analysis on the COVID-19 pandemic's impact on ...
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Situation analysis on the COVID-19 pandemic's impact on enterprises and workers in the formal and informal economy in IndiaSituation analysis on the COVID-19 pandemic's impact on enterprises and workers in the formal and informal economy in IndiaILO DWT for South Asia and Country Office for IndiaCopyright International Labour Organization 2021 First published 2021 Publications of the International Labour Office enjoy copyright under Protocol 2 of the Universal Copyright Convention. Nevertheless, short excerpts from them may be reproduced without authorization, on condition that the source is indicated. For rights of reproduction or translation, application should be made to ILO Publications (Rights and Licensing), International Labour Office, CH-1211 Geneva 22, Switzerland, or by email: The International Labour Office welcomes such , institutions and other users registered with a reproduction rights organization may make copies in accordance with the licences issued to them for this purpose.
Micro, Small and Medium Enterprises (MSMEs) play a significant role in India by contributing to the economy through employment creation and exports. There are estimated 63 million MSMEs in the country, providing employment to around 120 million workers. However, most of them are micro in size, and as a result subjected to many risks.
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