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Title: :  IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA
PaperId: :  21035
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 9 Issue 4 2023
DUI:    16.0415/IJARIIE-21035
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
HANSHIL M SOLANKIJAIN INTERNATIONAL RESIDENTIAL SCHOOL KARNATAKA

Abstract

Management
Currency devaluation, MSMEs, unemployment, India, employment generation etc.
The impact of currency devaluation on Micro, Small, and Medium-Sized Enterprises (MSMEs) in relation to India's shifting unemployment situation is thoroughly examined in this article. The study's objective is to inform stakeholders about the precise consequences of currency devaluation on numerous MSMEs-related factors. The study uses a qualitative technique that combines surveys and interviews with MSME owners, business leaders, legislators, and other interested parties. Additionally, secondary data from official documents, scholarly works, and statistics sources are used. The results show that currency devaluation has negatively impacted MSMEs' ability to compete on the worldwide market, increased demand for their goods and services there, and sharply increased the price of imported raw materials. It has become difficult for MSMEs to function and acquire credit/loans due to inflationary pressures. The devaluation of the currency, on the other hand, has benefited job levels and given MSMEs additional business prospects. Given the right government policies and support, stakeholders firmly believe that currency devaluation has the ability to have a positive impact on India's overall unemployment rate. As a result, this study offers important new understandings into the unique consequences of currency devaluation on MSMEs and their implications for India's unemployment rate..

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IJARIIE HANSHIL M SOLANKI. "IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA" International Journal Of Advance Research And Innovative Ideas In Education Volume 9 Issue 4 2023 Page 119-128
MLA HANSHIL M SOLANKI. "IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA." International Journal Of Advance Research And Innovative Ideas In Education 9.4(2023) : 119-128.
APA HANSHIL M SOLANKI. (2023). IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA. International Journal Of Advance Research And Innovative Ideas In Education, 9(4), 119-128.
Chicago HANSHIL M SOLANKI. "IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA." International Journal Of Advance Research And Innovative Ideas In Education 9, no. 4 (2023) : 119-128.
Oxford HANSHIL M SOLANKI. 'IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA', International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 4, 2023, p. 119-128. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/IMPACT_OF_CURRENCY_DEVALUATION_ON_MSMES_FOR_CHANGING_UNEMPLOYMENT_STATUS_OF_INDIA_ijariie21035.pdf (Accessed : ).
Harvard HANSHIL M SOLANKI. (2023) 'IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA', International Journal Of Advance Research And Innovative Ideas In Education, 9(4), pp. 119-128IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/IMPACT_OF_CURRENCY_DEVALUATION_ON_MSMES_FOR_CHANGING_UNEMPLOYMENT_STATUS_OF_INDIA_ijariie21035.pdf (Accessed : )
IEEE HANSHIL M SOLANKI, "IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA," International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 4, pp. 119-128, Jul-Aug 2023. [Online]. Available: https://ijariie.com/AdminUploadPdf/IMPACT_OF_CURRENCY_DEVALUATION_ON_MSMES_FOR_CHANGING_UNEMPLOYMENT_STATUS_OF_INDIA_ijariie21035.pdf [Accessed : ].
Turabian HANSHIL M SOLANKI. "IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 9 number 4 ().
Vancouver HANSHIL M SOLANKI. IMPACT OF CURRENCY DEVALUATION ON MSMES FOR CHANGING UNEMPLOYMENT STATUS OF INDIA. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2023 [Cited : ]; 9(4) : 119-128. Available from: https://ijariie.com/AdminUploadPdf/IMPACT_OF_CURRENCY_DEVALUATION_ON_MSMES_FOR_CHANGING_UNEMPLOYMENT_STATUS_OF_INDIA_ijariie21035.pdf
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