Although this recovery was in part ascribable to the bold and active policy response of countries around the world, and to their close international policy cooperation, as seen for example in the use of bilateral currency swaps, it is also a fact that the Asian financial sector was in comparatively strong shape thanks to its structural adjustments following the Asian financial crisis, and this is considered to have played a considerable part as well.
Statistics based on 4th Census on MSME sector revealed that only 5.18% of the units (both registered and un-registered) had availed finance through institutional sources. 2.05% got finance from non-institutional sources the majority of units say 92.77% had no finance or depended on self-finance.