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“Outstanding SC/ST Entrepreneur” under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - State Awards to Micro, Small and Medium Enterprises”

OSCSTE-MESIFAI-SA-MSME

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Program brief

Form of supportCash, paid into the bank account
Meant forEntrepreneurs, SC, ST
LevelState, Puducherry
FieldBusiness & Entrepreneurship
How to applyOffline
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Contents of this entry
  1. Overview
  2. Benefits
  3. Eligibility
  4. Documents
  5. Application steps
  6. Questions and answers

Overview

"Outstanding SC/ST Entrepreneur" under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - State Awards to Micro, Small and Medium Enterprises” is a scheme by the Industries and Commerce Dept, UT of Puducherry, formulated to award the best SC/ST entrepreneurs.

"Outstanding SC/ST Entrepreneur" under “Motivation of Entrepreneurs to Start Industries and Fiscal Assistance to Industries - State Awards to Micro, Small and Medium Enterprises” is a scheme by the Industries and Commerce Department, Union Territory of Puducherry. The scheme is formulated under the New Industrial Policy 2016, introduced on 4th October 2016. The 'State Award' Schemes are formulated to provide awards for the best outstanding Entrepreneurs/Enterprises conforming to the New Industrial Policy 2016. The scheme is in operation in the whole of the UT of Puducherry. The applications are accepted offline in the prescribed form available on the Official Website of the Department.

Further facts from the listing

Scheme forInfra
DBT (direct bank transfer)No

Benefits

Cash Award of Rs. 2,00,000/- and a Citation.

Eligibility

Age
18 to 80 years
Category
Scheduled Caste (SC), Scheduled Tribe (ST)
State
Puducherry
  • The unit shall be functioning profitably for 3 years before the date of application.
  • The entrepreneur should be from the Scheduled Caste/ Scheduled Tribe community.
  • The unit should provide at least 60% of employment to the people of UT of Puducherry of the total employment strength of the industrial units.

Documents

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Application steps

Offline

The Director of Industries will invite the application for award by wide publicity.

Step 1: The industrial unit should apply for the award in the prescribed form available on the Official Website of the Directorate of Industries and Commerce, Puducherry.

Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).

Step 3: The unit should submit the duly filled and signed application form and the documents to the concerned authority either in person or by post.

Post-Application Process

Step 1: The applications shall be scrutinised by the Directorate of Industries and Commerce on a merit basis for the grant of state awards will be placed before the award Committee.

Step 2: The Committee for the awards will go into the merits of each case for granting the award.

Step 3: The list of selected enterprises shall be notified and informed by the Director of Industries to the enterprises to receive the awards.

Questions and answers

Is there any provision for additional members to be included in the Committee?

Yes, the Chairman of the Committee has the authority to co-opt any other officer related to the award in respect of various categories being considered during the meeting.

Are the decisions of the Committee subject to review or appeal?

No, the decisions of the Committee regarding the awards are final and conclusive.

Can enterprises from any sector apply for these awards?

Yes, as long as the enterprises meet the eligibility criteria and adhere to the guidelines of the scheme, they can apply for the awards irrespective of their sector.

How does the Directorate of Industries and Commerce notify selected enterprises about their eligibility for the awards?

The Directorate of Industries and Commerce formally notifies and informs the selected enterprises about their eligibility to receive the awards through official channels.

What are the key objectives of the new Industrial Policy, 2016?

The key objectives include promoting industrial growth, fostering entrepreneurship, encouraging innovation, enhancing export competitiveness, and generating employment opportunities.

Is there a time frame within which enterprises must apply for these awards?

Yes, enterprises must adhere to the specified deadlines mentioned in the scheme guidelines for submitting their applications.

Can enterprises that have previously received awards under similar schemes apply again?

Yes, enterprises that have previously received awards may apply again if they meet the eligibility criteria and demonstrate continued excellence in their respective categories.

How does the scheme contribute to the socio-economic development of Puducherry?

By recognising and rewarding exemplary MSMEs, the scheme encourages economic activity, fosters skill development, and promotes inclusive growth, ultimately contributing to the socio-economic development of Puducherry.

How does the scheme encourage entrepreneurship among marginalized communities?

By specifically recognizing Outstanding SC/ST Entrepreneurs and providing them with awards, the scheme aims to empower and motivate entrepreneurs from marginalized communities to actively participate in economic activities and contribute to the growth of Puducherry's industrial sector.

Can enterprises operating in the informal sector apply for these awards?

Yes, as long as the enterprises meet the eligibility criteria and are registered within the formal MSME sector, they can apply for the awards.

Does the scheme provide any non-monetary benefits to award recipients?

In addition to the cash award and citation, receiving recognition under the scheme enhances the visibility and credibility of the awarded enterprises, opening up opportunities for networking, collaboration, and business expansion.

What measures are in place to ensure transparency and fairness in the awarding process?

The composition of the Committee, with representatives from various relevant departments, ensures a balanced and comprehensive evaluation of award applications, thereby upholding transparency and fairness in the awarding process.

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