Comparative Analysis of the effect of demonetization on the financial performance of SMEs.

Abstract

Demonetization process occur in India in 2016 which has impacted every sector including manufacturing sector. Since textile sector plays an important role in Indian economy therefore it was impacted most during demonetization. In this research, researcher has studied financial performance of the two industries under study. This research is carried out with a motive of studying the effect of pre and post demonetization on MSME sector. This study is carried out on two industries of varried capacity. The industries under study are Alps industry and Sybly spinning mill belonging to the MSME sector.