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ALLANA MANAGEMENT JOURNAL OF RESEARCH, PUNE - Volume 11, Issue 1 , January 2021 - June 2021

Pages: 22-28
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Business Planning of Micro and Small Scale Industries during Covid-19.

Author: Milind A Kulkarni, Hemant V More

Category: Production Management


Outbreak of Covid-19 initiated in India, first patient of Covid-19 found in India on 30th January 2020 and on 9th march 2020 in Pune, Maharashtra for prevention of community spread and further critical infectious situation, Government of India and Maharashtra state Government declared Lockdown. Unlock procedure initiated after more than 60 days. Covid-19 impact on economy of all Industrial sectors, large scale industries impacted but Micro and Small Scale Industries impacted strongly due to business size. For the revival of economy, Government declared various economical packages. All industrial sectors built and execute a planning to come out from the situation. Micro and Small Scale Industries from the Pimpri, Chinchwad Municipal Corporation (PCMC) area was selected for analysis of Business Planning during Covid-19 outbreak. Information Collected from selected Micro and Small Scale Industries through the Information and Communication Tools, due to the Social distancing norms. Micro and Small Scale Industries assess the current situation and built; a plan about Revenue, Inventory, Operations, Work force, Financial Situations, Consumer behavior. Analysis of information gathered through Micro and Small Scale Industries directs about some attributes; Planning of Financial Fund, Work Force management with social distancing norms and Revenue generation are critical attributes needs to be planned very precise and accurately to maintain production activity of Micro and Small Scale Industry. Government revival planning schemes were useful to Micro and Small Scale Industries; they put Good remark for the preventive and supportive measures.

Keywords: COVID-19, Micro and Small Scale Industry, PCMC, Business Planning