In a developing country like India, MSMEs are the backbone of the economy.
The MSME sector contributes to 45% of India’s Total Industrial Employment, 50% of India’s Total Exports and 95% of all industrial units of the country and more than 6000 types of products are manufactured in these industries

Since March of this year, with COVID-19 spread and the nationwide lockdown, MSMEs are facing severe stress. The reverse migration of millions of people, who are at the core of this sector was an added blow to an already struggling sector.

To understand more about the role of MSMEs in Indian economy and how the COVID-19 pandemic has impacted the sector Kunika Balhotra, Research and Communications Officer for Suno India, spoke to Amit Basole, Associate Professor of Economics at Azim Premji University in Bangalore in this episode of our mini-series, Indian Economy Explained.

Previous Episode:
Indian Economy Explained: Decoding India’s GDP And Economic Slowdown

<div>In a developing country like India, MSMEs are the backbone of the economy.<br>The MSME sector contributes to 45% of India’s Total Industrial Employment, 50% of India’s Total Exports and 95% of all industrial units of the country and more than 6000 types of products are manufactured in these industries<br><br>
</div><div>Since March of this year, with COVID-19 spread and the nationwide lockdown, MSMEs are facing severe stress. The reverse migration of millions of people, who are at the core of this sector was an added blow to an already struggling sector.<br><br>
</div><div>To understand more about the role of MSMEs in Indian economy and how the COVID-19 pandemic has impacted the sector <a href="https://twitter.com/BalhotraKunika"><strong>Kunika Balhotra</strong></a>, Research and Communications Officer for Suno India, spoke to <a href="https://twitter.com/amitbasole"><strong>Amit Basole</strong></a>, Associate Professor of Economics at Azim Premji University in Bangalore in this episode of our mini-series, Indian Economy Explained.<br><br><strong>Previous Episode:</strong><br><a href="https://www.sunoindia.in/the-suno-india-show/indian-economy-explained-decoding-indias-gdp-and-economic-slowdown/"><strong>Indian Economy Explained: Decoding India’s GDP And Economic Slowdown</strong></a>
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The Suno India Show’ is a news show by Suno India combining slow journalism with under-represented and under-reported stories. Covering the diverse range of topics like politics, technology, education and society, the host brings in informative interviews and engaging discussions with experts. The show not only shines a spotlight on stories that matter but keeps the listeners up to date with the latest national news.

<p>The Suno India Show&rsquo; is a news show by Suno India combining slow journalism with under-represented and under-reported stories. Covering the diverse range of topics like politics, technology, education and society, the host brings in informative interviews and engaging discussions with experts. The show not only shines a spotlight on stories that matter but keeps the listeners up to date with the latest national news.</p>

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