Impact of Resilience Strategies and Developmental Policies on the Business Performance of Msmes in Krishnagiri District

Objectives: The study aims to identify and validate the components of resilience strategies
employed by MSMEs in Krishnagiri district. Additionally, it seeks to measure the impact of these
strategies and developmental policies on the business performance of MSMEs.
Methods: Primary data were collected from MSME owners and employees across 10 zones in
Krishnagiri district. A total of 250 usable responses were gathered using a convenience sampling
method, with 25 responses collected per zone. The data were analyzed using structural
equation modeling to evaluate the significance and effectiveness of resilience strategies.
Results: The analysis revealed that resilience strategies are crucial for the recovery and
sustained growth of MSMEs in the district. These strategies not only support business continuity
but also contribute to the overall growth and development of MSMEs, ensuring long-term
prudential benefits.
Conclusion: The study concludes that resilience strategies play an essential role in enabling
MSMEs to navigate challenges posed by pandemics and natural disasters. By implementing
robust resilience strategies, MSMEs can achieve successful business recovery and contribute
significantly to economic development at both state and national levels.