MSME Report 2020

[vc_row full_width=”stretch_row” full_height=”yes” css=”.vc_custom_1593121569891{background-image: url(https://massentrepreneurship.org/archive/wp-content/uploads/2020/06/Hero-Section.png?id=9452) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_column][vc_empty_space height=”100px”][vc_custom_heading text=”Improving Economic Dynamism
and Accelerating MSME Growth” font_container=”tag:h3|font_size:42px|text_align:center|color:%23ffffff” use_theme_fonts=”yes” el_class=”bold”][vc_custom_heading text=”Summary of recommendation – June 2020″ font_container=”tag:p|font_size:18px|text_align:center|color:%23fafafa” use_theme_fonts=”yes”][vc_btn title=”Download Report” style=”classic” shape=”round” color=”danger” align=”center” el_class=”game-red-btn download-ee-report”][/vc_column][/vc_row][vc_row css=”.vc_custom_1593124415080{padding-top: 80px !important;padding-bottom: 30px !important;}”][vc_column][vc_custom_heading text=”Introduction” font_container=”tag:h3|text_align:left|color:%23f84848″ use_theme_fonts=”yes” el_class=”bold”][vc_custom_heading text=”This report includes a set of recommendations developed by an “MSME Transformation Task Force“ constituted by Ravi Venkatesan (Founder, GAME) and chaired by Dr. K. P. Krishnan (IAS (Retd), Former Secretary, Government of India). These recommendations aim to revive the industry with a specific focus on the MSME group that constitutes a large part of the economy and workforce.” font_container=”tag:p|font_size:18px|text_align:left|color:%23333333|line_height:28px” use_theme_fonts=”yes”][vc_custom_heading text=”Context” font_container=”tag:h3|text_align:left|color:%23f84848″ use_theme_fonts=”yes” el_class=”bold” css=”.vc_custom_1593121728581{padding-top: 30px !important;}”][vc_custom_heading text=”Since March this year, COVID-19 has left its impact on all sectors of the Indian economy, especially affecting MSMEs. A precipitous dip in demand, disruption in supply chains and a two-month long lockdown have together decimated cash reserves and resulted in an existential risk for the sector. To survive this crisis, 70% of India’s MSMEs have cut back on their workforce. Further, estimates suggest that 20-40% of MSMEs could permanently close.” font_container=”tag:p|font_size:18px|text_align:left|color:%23333333|line_height:28px” use_theme_fonts=”yes”][vc_custom_heading text=”This document is intended to be a set of actionable recommendations to help increase the dynamism and competitiveness of MSMEs, especially in today’s environment. It also suggests an operationalization plan and metrics to track success where applicable. To make the recommendations pragmatic, they were shared with different stakeholder groups including state governments, industry bodies, corporations, social enterprises, etc., and their thoughtful inputs have been incorporated.” font_container=”tag:p|font_size:18px|text_align:left|color:%23333333|line_height:28px” use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row full_width=”stretch_row_content_no_spaces” css=”.vc_custom_1593122807595{background-color: #52489b !important;}”][vc_column][vc_empty_space height=”60px” css=”.vc_custom_1593122831623{background-color: #ffffff !important;}”][vc_single_image image=”9446″ img_size=”100×100″ alignment=”center” css=”.vc_custom_1593124137693{margin-top: -50px !important;}” el_class=”z1000″][/vc_column][/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1593124383840{padding-bottom: 50px !important;background-color: #52489b !important;}” el_class=”game-report-table”][vc_column][vc_custom_heading text=”National Task force members” font_container=”tag:h3|text_align:left|color:%23ffffff” use_theme_fonts=”yes” el_class=”bold” css=”.vc_custom_1593122307871{padding-top: 30px !important;}”][vc_row_inner css=”.vc_custom_1593124709124{margin-right: 0px !important;margin-left: 0px !important;padding-right: 0px !important;padding-left: 0px !important;}”][vc_column_inner width=”1/2″ css=”.vc_custom_1593124687611{margin: 0px !important;padding: 0px !important;}”][vc_column_text]

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[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”9479″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row full_width=”stretch_row_content_no_spaces” css=”.vc_custom_1593124450501{padding-top: 50px !important;}”][vc_column][vc_single_image image=”9480″ img_size=”full” alignment=”center”][vc_single_image image=”9483″ img_size=”full” alignment=”center”][vc_single_image image=”9481″ img_size=”full” alignment=”center”][vc_single_image image=”9482″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1593602095014{background-color: #fafafa !important;}” top_section_title=”” bottom_section_title=””][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_empty_space height=”100px”][vc_custom_heading text=”To read more download our detailed report on Improving Economic Dynamism and
Accelerating MSME Growth” font_container=”tag:h4|font_size:32px|text_align:center|color:%23%23333333|line_height:42px” use_theme_fonts=”yes” el_class=”regular” css=”.vc_custom_1593186430768{margin-bottom: 25px !important;}”][vc_btn title=”Download Report” style=”classic” shape=”round” color=”danger” align=”center” el_class=”game-red-btn download-ee-report”][vc_empty_space height=”100px”][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row]