Report on 'Bipartite Consultation on Recovery & Revitalisation of MSME Sector in the wake of COVID-19 Lockdown'
This report presents the proceeding from the virtual bipartite dialogue held with workers and employers representatives on recovery and revitalisation of the MSME sector during COVID-19. The dialogue was jointly organised by ILO and UNIDO.
The United Nations, led by the International Labour Organisation (ILO) and United Nations Industrial Development Organisation (UNIDO) organised a bipartite virtual dialogue on, 22 April 2020 to scope possible United Nations-wide interventions to support the recovery and re-vitalisation of the MSME sector post lock-down.
The COVID-19 pandemic has been affecting enterprises of all sizes and types in unprecedented ways. Among them, the MSME sector, in particular, those in the lower tiers of different supply chains, unorganised sector, and home-based enterprises have been severely affected. MSMEs are facing working capital depletion, low demand, workforce deficit due to reluctance of workers, especially, migrants to return to work and others. It risks pushing many MSMEs out of business, with potential massive job losses and compromises in the working conditions of workers and to environment and communities.
The consultation focused on following questions :
1. How are MSMEs proceeding preparations for restarting, recovering and reviving their business?
2. What challenges and solutions are being foreseen?
3. How do you see United Nations might be able to support getting MSMEs back into business?
The COVID-19 pandemic has been affecting enterprises of all sizes and types in unprecedented ways. Among them, the MSME sector, in particular, those in the lower tiers of different supply chains, unorganised sector, and home-based enterprises have been severely affected. MSMEs are facing working capital depletion, low demand, workforce deficit due to reluctance of workers, especially, migrants to return to work and others. It risks pushing many MSMEs out of business, with potential massive job losses and compromises in the working conditions of workers and to environment and communities.
The consultation focused on following questions :
1. How are MSMEs proceeding preparations for restarting, recovering and reviving their business?
2. What challenges and solutions are being foreseen?
3. How do you see United Nations might be able to support getting MSMEs back into business?