Success Creates its Own Applause

Contributed by Mitesh Agrawal

Micro and rural entrepreneurs can constitute an integral part of county’s economy. They can serve as the appropriate channel to reach out to largely untapped rural market and help sustain the business for big players. The efforts made by them have been duly encouraged. Next issue will be further detailing on how rural and micro entrepreneurship can be developed and how its benefits can be drawn towards economy’s overall development. Not only MSMEs who fall under this category help strengthen country’s economy but also have triumphed over poverty to empower themselves, their community and the nation. Two attempts of rewarding rural/ micro entrepreneurship are detailed below:

For The People Who Dared To Dream

The Micro Entrepreneur Awards program is an endeavor to recognize individual micro entrepreneurs from across the country, who have risen from poverty to self sufficiency. The program, launched in India in 2004, is an annual feature and has the following objectives:

* To recognize and honor micro-entrepreneurs who have exhibited the best performance that has helped them emerge out of poverty, create jobs and add value to society.
* To invest in the skill and knowledge building of these exemplary micro entrepreneurs, so as to support the development of state-of-the-art micro enterprises, and the creation of role models who inspire and mentor future generations of entrepreneurs.
* To analyze and disseminate select best practices derived during the awards process

To read about the recipients, award process and jury please click here


Entrepreneur Feted With Award

Proprietor of M/s Romi Bag Kh Dhanachandra Singh has been honoured with this year's National Award for Outstanding Entrepreneurship in Micro, Small and Medium Enterprises during a function at the conference hall of the Micro, Small and Medium Enterprises (MSME).

Takyelpat Industrial Estate here today. The award carries a cash reward of Rs 1 lakh, a trophy and a certificate. Dhanachandra has been honoured with the award in recognition of his entrepreneurial skill in the field of manufacturing leather goods like bags, wallet, shoes, sandals, etc.

Accepting the award, Dhanachandra said that he began his business venture way back in 1996 along with making wallets and purses. Then slowly he expanded his products. Today, a wide range of products are being manufactured which have become household name not only in Manipur but also in other parts of the North East region.

Organised under the aegis of MSMEDevelopment Institute, Imphal which is under the Ministry of MSME, Govt of India, the award distribution ceremony was attended by Minister of Commerce and Industries Y Erabot as chief guest, Commissioner of Commerce and Industries IS Laishram as functional president, Director of Commerce and Industries Dhiraj Yumnam as guest of honour and president of AMEA S Rishikanta Singh as special guest.

In his address, Minister Erabot stressed on strengthening the micro and small scale industries in a State like Manipur where there is scarcity of resource for setting up large and heavy industries. In his presidential speech, IS Laishram observed that MSME has registered tremendous growth and progress in term of product development, quality, innovation and import substitution.

Source: e-pao