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All About the National Entrepreneurship Awards

Entrepreneurship plays an influential role in boosting the economic growth of a country. When it comes to fostering the entrepreneur world, our government has always gone the extra mile. Government introduced National Entrepreneurship Awards in the year 2016. The main thrust of National Entrepreneurship Awards was to recognize and celebrate the country’s most exceptional entrepreneurs who have moved us all with their vision, innovation, courage, and leadership.
 Dr. Mahendra Nath Pandey, Minister for Skill Development & Entrepreneurship, said, “This year marks the fourth year of running the National Entrepreneurship Awards, and I am gratified by the continued interest of the entrepreneurs in the initiative."
These Awards can contribute to a country’s development in multiple ways:
1.     Promotion of New Start-Up Ventures
Entrepreneurs need financial support in starting their own ventures. By organizing these awards, the government has given a big push to the business aspirants.

2.    Augmentation of Economic Growth
Talking about the Make in India campaign, our prime minister Narendra Modi has done a remarkable job and opened doors to many job opportunities. These awards build up a dimensional change in the perception of the world towards India and at the same time encourage and empower entrepreneurs, which will, in turn, stabilize the GDP.

3.    Magnification the Global Range of a Business
These awards help a business to reach global heights. This will, in turn, bring more job opportunities in India and help in financial stability.

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