Proceedings of the 3rd Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2021)

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The Impact of Covid 19 on UMKM Sector in Indonesia

Authors
Ignatius Lorenzo1, *, Michelle Dinita2, Riska Kristiani3, Ratu Balqis Putri Tarfin4, Hetty Karunia Tunjungsari5
1Indonesia Faculty of Information Technology, Universitas Tarumanagara, Indonesia
2Faculty of Law, Universitas Tarumanagara, Indonesia
3Faculty of Communications, Institut Bisnis Nusantara, Indonesia
4Department of Civil Engineering, Faculty of Engineering, Universitas Tarumanagara,
5Master of Management Department, Universitas Tarumanagara, Indonesia
*Corresponding Author Email: ignatius.825190067@stu.untar.ac.id
Corresponding Author
Ignatius Lorenzo
Available Online 21 April 2022.
DOI
10.2991/assehr.k.220404.296How to use a DOI?
Keywords
Coronavirus; the effect of Coronavirus; a little and medium sizedmicro business
Abstract

The motivation behind this investigation is to discover and examine what sort of effect brought about by the Covid on the advancement of UMKM organizations in Indonesia. The technique for investigation in this examination is a subjective engaging method.Small and medium-sized organizations (UMKM) are at the bleeding edge of financial shocks brought about by the Coronavirus pandemic. Lockdown measures have suddenly halted financial movement, with request falling and upsetting stockpile chains all throughout the planet. In the underlying study, over half of UMKM demonstrated that they could shut down inside the following not many months. The effect of the Coronavirus pandemic on the UMKM area is absolutely exceptionally compelling on Indonesia’s financial conditions where the commitment of UMKMto the Indonesian economy is extremely huge in variousfields including (1) The quantity of specialty units in Indonesia per 2018 adding up to 64.2 million specialty units, with the quantity of units UMKM organizations adding up to 64.1 Million (99.9%) (2) Commitment to the quantity of Laborers, the complete number of workersin Indonesia per 2018 adding up to 120.6 Million individuals, with the quantity of laborers in UMKM adding up to 116.9 Million (97%) (3) Commitment to Gross domestic product, All out commitment of business world Gross domestic product in Indonesia per 2018 adding up to 14,038,598 billion, with UMKM commitment to Gross domestic product of 8,573,895 billion (61.07%) (4) Commitment to Non-Oil and Gas Fares All out non-oil trades Indonesian oil and gas per 2018 all out 2,044,490 billion, with the commitment of UMKMto non-oil and gas sends out adding up to 293,840 billion (14.37%) (5) Commitments to Speculation, All out interest in Indonesia per 2018 adding up to 4,244,685 billion, with the commitment of UMKMreached Get a venture of 2,564,549 billion (60.42%)

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 3rd Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
21 April 2022
ISBN
978-94-6239-567-1
ISSN
2352-5398
DOI
10.2991/assehr.k.220404.296How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

risenwbib
TY  - CONF
AU  - Ignatius Lorenzo
AU  - Michelle Dinita
AU  - Riska Kristiani
AU  - Ratu Balqis Putri Tarfin
AU  - Hetty Karunia Tunjungsari
PY  - 2022
DA  - 2022/04/21
TI  - The Impact of Covid 19 on UMKM Sector in Indonesia
BT  - Proceedings of the 3rd Tarumanagara International Conference on the Applications of Social Sciences and Humanities (TICASH 2021)
PB  - Atlantis Press
SP  - 1823
EP  - 1828
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220404.296
DO  - 10.2991/assehr.k.220404.296
ID  - Lorenzo2022
ER  -