ET MSME Awards: Registrations closing soon; apply now - 28th Oct,22

ET MSME Awards: Registrations closing soon; apply now

 

Contents News/Article  Date:    28th   October  2022

Relating to which  Act:       Micro, Small and Medium Enterprises Development Act, 2006, MSME Development Act, 2006;  MSME Udyam Registration under MSME Act

Type:    ET News Update 

Pertains to:   All Micro, Small & Medium Enterprise

Relevance of this news:  Karma Management Global Consulting Solutions Pvt Ltd. is a notable member of MSME for over a decade. Karma Global does a lot of compliance and legal work for a number of small and medium MSME Enterprises in relation to payroll, staffing, labour laws, HR services, training, and so on.

Karma Global also sends a lot of suggestions and advisories to officials on labour-related issues and the need for simplifying the outlook of some of these provisions affecting the business health of small enterprises.

You may all know that Form of Legal Organization under MSME Act – There is no particular form of legal organization to be adopted to be eligible under the MSMED Act. Benefits under MSME Act will be available so long as the enterprise satisfies the investment and specified turnover limits and has filed Udyam Registration.

 

According to the Notification dated 29-9-2006, the following type of enterprise may register as MSME:

  • Proprietorship
  • Hindu undivided family
  • Association of persons
  • Co-operative society
  • Partnership firm
  • Company
  • Undertaking
  • Any other legal entity

 

If you’re among the 60 million Indian micro, small, and medium-sized enterprises (MSMEs) contributing to over 30 percent of the country’s GDP and you haven’t yet applied to the ET MSME Awards 2022, then it’s time to do so now. Register now for the ET MSME Awards, a flagship initiative of ET Digital to celebrate and recognize the top Indian MSMEs, to stand a chance to be recognized for your exceptional achievements in business performance and contributions to India’s socio-economic growth.

The third edition of ET MSME Awards 2022, which builds on its earlier avatar as ETRise Top MSME Rankings, is currently accepting applications from Indian MSMEs across the services and manufacturing sectors as well as key enablers of the MSME ecosystem to be recognised under any of the 26 award categories.

Subject:  ET MSME Awards: Registrations closing soon; apply now

 

For greater details, appended below is the complete news item

 

ET MSME Awards: Registrations closing soon; apply now

If you’re among the many 60 million Indian micro, small, and medium-sized enterprises (MSMEs) contributing to over 30 % of the nation’s GDP and also you haven’t yet applied to the ET MSME Awards 2022, then it’s time to do so now.  

ET MSME Awards 2022, then it’s time to take action now. Register now for the ET MSME Awards, a flagship initiative of ET Digital to have fun and recognize the highest Indian MSMEs, to face an opportunity to be recognized for your distinctive achievements in enterprise efficiency and contributions to India’s socio-economic development.

The third version of
ET MSME Awards 2022, which builds on its earlier avatar as ET Rise Top MSME Rankings, is presently accepting purposes from Indian MSMEs throughout the companies and manufacturing sectors in addition to key enablers of the MSME ecosystem to be recognized beneath any of the
26 award classes.

Program particulars of the ET MSME Awards 2022

In its quest to search out India’s most profitable micro, small and medium-sized enterprises, Economic Times Digital is conducting the ET MSME Awards 2022 in 4 completely different phases – Call for entries, shortlisting and documentation, jury spherical for choice of finalists, and award ceremony.

 

Phase 1: Call for Entries – Registrations shut on 31 October 2022

The final date to register for the ET MSME Awards 2022 is
31 October 2022. Any micro, small or medium-sized enterprise that meets the eligibility standards of any of the 26 award classes can apply.

Phase 2: Shortlisting and Documentation

During the 2nd section of the choice course, ET editors together with program companions will consider and shortlist the registered MSMEs and announce the listing of nominees for every award class.

Phase 3: Jury Round for choice of finalists

During the third section or the Jury spherical, the esteemed members of the ET MSME Awards jury panel will consider the shortlisted MSMEs and determine the finalists for every award class.

The winners of the ET MSME Awards 2022 can be felicitated at a mega on-ground MSME Conference, which can function an agenda-setting discussion board for trade leaders, policymakers, and the entrepreneurial ecosystem to outline actionable methods and options to spice up the worldwide competitiveness of MSMEs and strengthen the trade that’s shaping the brand new India development story.

Awards Categories for ET MSME Awards 2022

The third version of ET MSME Awards 2022, arguably India’s most unbiased MSME award initiative, goals to have fun and felicitate the excellence of Indian MSMEs by way of 26 completely different awards beneath 5 broad classes:

  • Overall Industry Awards
  • Awards by MSME Category
  • MSME Enabler Awards
  • Special Category Awards
  • Industry Focused Awards

Some of the brand new award classes launched this year embrace Global Indian MSME of the Year, Awards for Women Entrepreneurs, Industry Focussed Awards, and MSME Enabler Awards for Tech and MSME Financing, amongst others.

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