Union Minister Pandey confers National Entrepreneurship Awards 2019

NEW DELHI: Minister of Skill Development and Entrepreneurship Mahendra Nath Pandey conferred the National Entrepreneurship Awards 2019 to enterprises and ecosystem builders on 9 November in New Delhi. The fourth edition of the award ceremony was organised to mark the completion of 5 years of setting up of the Ministry of Skill Development and Entrepreneurship in 2014.

6,098 applications were received online for the awards, of which 4,134 eligible applications then underwent field assessment and regional online evaluation, which was undertaken by 12 partner institutes. A national Jury, chaired by Dr. RA Mashelkar and comprising of experts from industry, academics and business, then selected the final winners.

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There were three categories of competition for entrepreneurs:

  • A1 category for initial investments upto Rs 1 lakh;
  • A2 category for initial investments between Rs 1 lakh to Rs 10 Lakh; and,
  • A3 category for initial investments between Rs 10 lakh to Rs 1 crore.

Various sectors were selected for the awards, and there were 4 special categories including Women Entrepreneur; Entrepreneur from SC/ST category; Entrepreneur from People with Disability category; and Entrepreneur from difficult areas category. Award winners received a trophy, certificate and a cash prize of Rs 5 lakh (enterprises/individuals) and Rs 10 lakh (organisations/institutes).

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Congratulating the winners, the Union Minister said that the awardees reflect the new and emerging India, which is confident and moving ahead. He said that it is heartening to note that people from different parts of the country have participated in the competition.

Pandey added that Prime Minister Narendra Modi’s vision of a better skilled workforce in the country is being implemented by the Ministry of Skill Development and Entrepreneurship. A skilled workforce will fulfill the country’s aspiration to become a $5 trillion economy in the near-future, and improve the rank in ease of doing business.

He said that the Government has launched a number of schemes like Skill India, Digital India to support the young, enterprising and aspiring India. He added that self-help groups in the countryside have not only improved the financial health of the people, but also helped in checking various social evils.

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Assuring the entrepreneurs of the country full support of the Ministry in their endeavors, Dr Pandey called upon them to exchange their experiences among themselves and inspire more people to start their own enterprises.

Speaking on the occasion, Secretary Skill Development and Entrepreneurship KP Krishnan said that within four years, the number of complete applications for the awards has gone up ten-fold, showing increasing spirit of entrepreneurship among the people of India. He said that these awards are different from those being given by the private sector, as they recognise the people rooted in real India, who have come up through struggle and hard work.

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Krishnan highlighted the fact that people from towns and smaller cities have participated wholeheartedly in the competition, and the largest number of applicants were in the Agriculture category.

The National Entrepreneurship Awards aim to recognise and honour exceptional young first-generation entrepreneurs, and ecosystem builders for outstanding contribution in entrepreneurship development and providing support to entrepreneurs. They aim to instill and entrench the entrepreneurial attitude among future generations and Indian youth.

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The ID Staff

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