IMPACT OF COVID-19 IN INDIAN START-UPS

Abstract

Indian start-up industries play an important role in Indian economy which also faced hurdle in this pandemic situation. Start-ups closed down their venture. According to the survey of Indian Chambers of Commerce and Industry (FICCI), jointly with the Indian Angel Network (IAN) more than 60% of the start-ups production operation is disrupted and only 22% of the start-ups can meet their fixed expenses with their cash reserve. 68% of the start-ups are cut sown their operational and administrative expenses. This paper shows the impact of Covid-19 in Indian start-ups and with the help of government intervention how these sector will do in future This sector needs reforms for its development. It can hope the situation will change soon with this government intervention and in this unlock period sufficient measures can be taken solve the problems of start-ups and also the future will be more prosperous