POST COVID-19 OPPORTUNITIES AND CHALLENGES FORMICRO SMALL MEDIUM ENTERPRISES (MSMEs) DEVELOPMENT IN INDIA

Micro small medium enterprises (MSME) are considered to be the backbone of the Indian economy. Its contribution to the Indian economy's GDP has been significant in the past decade. They have an important role in the development of rural and backward areas, thus reducing regional imbalances, Ensure a fairer distribution of national income and wealth. The unprecedented outbreak ofCOVID-19 in Wuhan province - China during December 2019 turned out to be pandemic that affects the whole world and paralyzes economic activities. The impact of this has It has seriously affected the MSME sector. This article examines the current MSME scenario. Based on above the background, the researcher tried to analyze the challenges and development forward for the post COVID 19 MSME sector