The Business Bytes
TBB BUREAU
BHUBANESWAR, JUNE 23, 2022
The MSME Department of the Odisha Government has been awarded the first prize in the category “National MSME Award 2022 to States/UTs for outstanding contribution in the promotion and Development of MSME Sector” for the developmental initiatives taken up by it for development of MSMEs.
Kalahandi has been awarded third prize in the category “National MSME Award 2022 to Aspirational districts for outstanding contribution in the promotion and Development of MSME Sector” as the sectoral development was in the line of award parameters.
Similarly, Sumeet Mohanty of Saferisk Insurance Brokers Private Limited, Bhubaneswar has been awarded first prize in the category “Award for Service Entrepreneurship – Service Small Enterprise (Overall)”. Sibabrata Rout of Amarnath Pest Management Technology, Cuttack has been awarded third prize in the category “Award for Service Entrepreneurship – Service Micro Enterprise (Overall)”
Awards were given to States and Union Territories and Aspirational Districts for their contribution to the MSME, while taking parameters like sector-specific policies and their performance, efficacy of Facilitation Council, Grievance redressal, Y-o-Y growth of MSME budget, growth of MSME credit, implementation of cluster approach, Udyam Registration, skill development programmes & awareness conducted, etc. into account. Applications in these categories were evaluated by Selection Committee at Government of India level.
Government of India came up with National MSME Award 2022 Scheme which comprises of 44 categories including Manufacturing entrepreneurship (12 awards), Service entrepreneurship (9 awards), Special Category Enterprises (14 wards) and Institutional Support to MSMEs (9 Awards).
Applications for Enterprise level awards were evaluated through State Level Selection Committee (SLSC) and National Level Selection Committee (NLSC) on the basis of Investment in Plant & Machinery, turnover both total & export, net profit, value of current assets & liabilities, expenditure on Salary & Employees welfare and total employees.
Government of India received as many as 2785 applications against 44 categories for scrutiny and finalization of awards.
