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Impact of COVID-19 on Indian SMEs and Survival Strategies

Impact of COVID-19 on Indian SMEs and Survival Strategies
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Author(s): Dileep Baburao Baragde (G. S. Moze College, Savitribai Phule Pune University, India)and Amit Uttam Jadhav (G. S. Moze College, Savitribai Phule Pune University, India)
Copyright: 2021
Pages: 19
Source title: Handbook of Research on Strategies and Interventions to Mitigate COVID-19 Impact on SMEs
Source Author(s)/Editor(s): Neeta Baporikar (Namibia University of Science and Technology, Namibia & University of Pune, India)
DOI: 10.4018/978-1-7998-7436-2.ch014

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Abstract

India has been affected by the worldwide COVID-19 pandemic, which is dispensing two sorts of stuns on nations: health stun and a monetary stun. Given the idea of the infection, which is exceptionally infectious, the ways to contain the spread incorporate strategy activities, for example, burden of social removing, self-seclusion at home, closure of foundations and offices, limitations on versatility, and even lock-down of a whole nation. These activities can prompt desperate ramifications for economies around the globe. In other words, effective control of the infection requires the economy of a nation to stop its typical working.

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