A new report on the impact of COVID-19 on the creative sector has found that 16 per cent of the creative sector is facing permanent closure now. MSMEs and the freelance workforce who cater to large companies have been worst hit, says the report launched on Tuesday, adding that 22 per cent of the sector, is forecast to lose more than three-fourths of annual income.
Covid-induced contraction in creative economy, income loss: Report
The Economic Times,
22 December 2020, India