Chandigarh, Oct 2 (UNI) Punjab government has launched the ‘Punjab State MSME Awards’ to felicitate the MSMEs, who have registered tremendous business growth and displayed excellence in product quality.

Stating this here on Wednesday, Industries and Commerce Minister Sunder Sham Arora said that this initiative had been taken in line with the vision to recognise and promote the visionary spirit of the entrepreneurs of Punjab. All the eligible units can submit their online applications till October 31 on the Punjab Bureau of Investment Promotion (Invest Punjab) portal.

He said that the applications would be evaluated on the growth rate demonstrated by the unit (in areas such as investments in plant and machinery, direct employment, annual turnover/sales, direct exports), and product quality (evaluated through ZED certification, credit ratings, quality certifications). 

The holistic application also gives due credit to MSMEs adopting energy saving measures, focusing on employee welfare measures and promoting women in workforce participation. The detailed evaluation guidelines and instructions for application submission are available on the website, he added.

Published On : 02-10-2019

Source : UNI India