On the 29th of April The Prime Minister of India, Shri Narendra Modi, called upon contenders to nominate themselves for the National MSME Award 2023. The award aims to recognize and celebrate the achievements and contributions of India’s micro, small, and medium enterprises (MSMEs) in driving economic growth, creating employment opportunities, and fostering innovation.
The MSME sector in India is a vital component of the country’s economy, contributing to over 30% of the gross domestic product (GDP) and generating employment for millions of people. “The micro, small, and medium enterprises (MSMEs) sector has made remarkable strides and advancements in recent years, thanks to government schemes and support initiatives such as the Atmanirbhar Bharat Abhiyan, which aims to boost indigenous manufacturing and promote self-reliance in India..”.
“The National MSME Award offers a stage for MSMEs to showcase their inventive solutions, achievements, & inspiring narratives to a huge audience. It recognizes and rewards excellence in various areas, including entrepreneurship, innovation, sustainability, and social responsibility. The award is open to MSMEs across all sectors, including manufacturing, services, and trade”.
By encouraging contenders to apply for the National MSME Award 2023, the Prime Minister is sending a message of support and appreciation for the MSME sector’s efforts and contributions. The award not only recognizes the hard work and dedication of MSMEs but also inspires and motivates others to emulate their success and strive for excellence.
The National MSME Award 2023 is an excellent opportunity for MSMEs to showcase their achievements and get recognized for their contributions to India’s economy. Prime Minister Narendra Modi’s call for contenders is a clear indication of the government’s commitment to supporting and promoting the MSME sector’s growth and development. MSMEs are the backbone of India’s economy, and their success is vital to the country’s prosperity and well-being.
