Search

During the Covid-19 pandemic, most of the population in the country has lost their livelihood. A lack of income sources and the closing of industries led to hardship. Unpredictable natural crises had a significant impact on business growth and profitability, and simultaneously it has led to a rise in insolvencies and unemployment. Entrepreneurs have emerged as the primary contributors in generating sustainable livelihood in the post-Covid-19 pandemic with their practical innovations, techniques and creating income opportunities for others. It is essential to support MSMEs (micro, small, and medium-sized firms) in India because of their importance to the country's economic growth, job creation, and ability to manufacture globally competitive goods. The majority of women populations are involved in the development of micro-level enterprises. Rural women entrepreneurs have emerged as a comparatively prosperous occurrence and becoming increasingly relevant in India. This paper is based on the West Singhbhum district of Jharkhand state and grounded on the study population's primary and secondary data. The report aims to identify the impact of covid-19 on small entrepreneurs and describe various available income opportunities that can be generated through micro-entrepreneurial activity among rural women. The expected concluding remark of this paper would be suggesting the necessity of micro-entrepreneurship options as an integral part of the source of income among women in the rural scenario. [ABSTRACT FROM AUTHOR]

During the Covid-19 pandemic, most of the population in the country has lost their livelihood. A lack of income sources and the closing of industries led to hardship. Unpredictable natural crises had a significant impact on business growth and profitability, and simultaneously it has led to a rise in insolvencies and unemployment. Entrepreneurs have emerged as the primary contributors in generating sustainable livelihood in the post-Covid-19 pandemic with their practical innovations, techniques and creating income opportunities for others. It is essential to support MSMEs (micro, small, and medium-sized firms) in India because of their importance to the country's economic growth, job creation, and ability to manufacture globally competitive goods. The majority of women populations are involved in the development of micro-level enterprises. Rural women entrepreneurs have emerged as a comparatively prosperous occurrence and becoming increasingly relevant in India. This paper is based on the West Singhbhum district of Jharkhand state and grounded on the study population's primary and secondary data. The report aims to identify the impact of covid-19 on small entrepreneurs and describe various available income opportunities that can be generated through micro-entrepreneurial activity among rural women. The expected concluding remark of this paper would be suggesting the necessity of micro-entrepreneurship options as an integral part of the source of income among women in the rural scenario. [ABSTRACT FROM AUTHOR]

The Pandemic Created A Shock And Awe Among Us All, Putting Two-Third Of The Global Population Under Lockdown, Stand Challenged; Posing Socio-Economic And Political Risks For The Whole World. The Spread Of The Pandemic Resulted Vast Economic Fallouts; Zero Economic Activity, Obstruction In Supply Chain Networks, Falling Global Demands, Surplus Production Leading To Price Fall, Loss Of Trust And Confidence, And Fear Of Gloomy Future. Pandemic Comes At The Worst Of Time When Global Economic Order Is Already Exposed To Rising Trade Protectionism, Continuing Wars On Import/Export Tax And Duty, Independent Economic Sanctions, Paused Wto Talks, Fading Economic And Financial Institutions And Lack Of Reciprocated Trust, Wisdom And Initiation Among Global Leadership. Trade Cannot Thrive Without Balanced Policies To Restore The Economy. A Combination Of Financial-Trade Policy Measures Is, Thus, Required To Revive The Economy And Entrepreneurs In This Vague Phase Of Uncertainty. This Paper Presents A Bird's Eye View Of The Covid-19 Pandemic And Its Influences On Entrepreneurial Activities In India; Such As Entrepreneurial Ecology, Effects On Growth And Employment, Functional Problems, Business Approaches, Support And Relief Packages Announced By The India Government To Revive The Industrial Sectors. [ABSTRACT FROM AUTHOR]