Factors Affecting Micro Enterprises Due to COVID-19: An Analytical Study

Abstract

The Micro, Small and Medium Enterprises (MSMEs) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. This sector contributes significantly to Indian economy in terms of Gross Domestic Product (GDP) and employment generation. In this research paper, 50 micro enterprises and five categories of the enterprises have been selected from Badarpur which comes under Karimganj district, Assam on the basis of convenient sampling.In order to determine factors affecting micro enterprises due to COVID-19, four factors such as finance, supply chain, infrastructure and miscellaneous have been considered. The study has been conducted by using both primary data and secondary data. The study area is confined to the Badarpur town which is suburban under Karimganj district, Assam and it also covers both rural and urban area. The period covers for the study from 1st May to 30th June, 2020. The data has been analyzed through appropriate statistical tools; interpretation of data is based on tabulation and analysis. The hypotheses are tested with the help of One Way ANOVA test. The conclusion is drawn on the basis of data analysis.