Impact of the coronavirus (COVID 19) on the economy of India

Anup Chhokar, BA (Hons)

Master's thesis

Abstract:

The purpose of the diploma thesis is to study and analyse the impact of coronavirus COVID-19 on the MSME sector in India. Its further segregates into analysing the various problems that these firms faced, which resilient strategies the business owners adopted, how and if the Indian government schemes were proven beneficial to their respective firms, and to analyse psychological perspective of the business owners through survey form. A strategic SWOT matrix was also formulated using data analysis from secondary and primary data. The study of COVID impact on MSME sector begins with an analysis of theoretical background in the form of Literature review followed by Qualitative research and survey data collection to arrive at the impact that COVID-19 had on MSME firms. The extensive literature review provides an understanding of the foundations of MSME sector in India, how the sector impacts the Indian economy, provide employment opportunities to the people, and contributes to the GDP of the country. Also covered is Atma Nirbhar Bharat scheme launched during COVID time to facilitate the Make In India initiative. The results of the conducted survey allowed to identify various problems that these MSME firms faced and determine the resilient strategies adopted by the firm owners. Obtained results of the research were presented with charts and figures formulated by the analysis done using MS- excel and IBM SPSS software.

Keywords

COVID-19, Impact, India, Macroeconomics, Sectors, Performance, Analysis, Recovery, Fiscal Policy

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 30. 3. 2022

Obhajoba závěrečné práce

• Vedúci: doc. Ing. Vladimír Krepl, CSc.
• Oponent: Ghaeth Fandi, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / odbor:
Economics Policy and Administration / Business Administration