Narayan Rane: No data on MSME job losses during Covid because of this reason

Skill, labor, and talent for MSMEs: The MSME Ministry had earlier this month invited bids from government organisations, institutions, and enterprises for “conducting a two-month study on assessment of sick or closed MSMEs in the past five years and Covid impact."

Skill, labor, and talent for MSMEs: While the micro, small and medium enterprise (MSME) sector has been among the worst-hit due to the pandemic, the data on job cuts since March last year is still unknown. In fact, the data is not ‘maintained’ by the government “as MSMEs are present in both formal and informal sector,” said MSME Minister Narayan Rane. In reply to a question in the Rajya Sabha on the number of people employed in MSMEs who had lost their jobs during the pandemic since March 2020, Rane said, “As MSMEs are present in both formal and informal sector, data regarding job loss is not maintained by the government of India in Ministry of Micro, Small and Medium Enterprises.”

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