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How did India's Women Enterprises Fare during the COVID-19 Lockdown? | Economic and Political Weekly

Note: Figures in parenthesis are percentages.
Our findings highlight some of the financial and social distresses faced by these entrepreneurs at an individual, household and enterprise level. We acknowledge that our study has the limitations of a phone survey conducted during the lockdown. First, our study suffers from potential selection bias and positively skewed income and closure variables since entrepreneurs with lower household-level stress, or better business performance are likely to respond to survey calls. Additionally, not all information could be triangulated since the information was self-reported. Second, the survey was conducted at a time of peak stress across families and hence the responses on questions regarding time use and stress levels, even among those who consented to the survey, are likely to be over-reported. We also acknowledge that the pandemic may be a contributing factor to business outcomes, but cannot be attributed as the sole reason for busines ....

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MSMEs: FM doubles budgetary allocation for MSMEs, but one scheme gets the king's share

Synopsis
The Union Budget 2021-22 has earmarked an allocation of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises more than double of the last year.
iStock
The biggest takeaway of this category has been the allocation earmarked to GECL facility to eligible MSME borrowers.
For the Covid hit MSMEs, the key highlight of the Union budget 2021 remained a higher outlay to the sector.
To accelerate the revival of the Covid- hit sector, Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the sector. The sector, touted to be the backbone of the nation’s economy, was allocated Rs 7,572 crore in the previous union Budget of 2020-21. ....

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