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The Economic Times Digital is proud to present the ranking of India’s top businesses who have excelled and set a benchmark for other businesses to follow. The MSME sector in India is the second largest job creator in India and the programme aims to celebrate the good work done by the businesses in this sector. Into its second edition, the program recognizes inspiring businesses which are creating a new and lasting template for success.
Inviting participation from Indian MSMEs
Due Diligence by ET Editors and programme partners
Evaluation by Jury, ET Editorial Team and programme partners
Announcement of ranking and felicitation of Top MSMEs
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We have compiled a list of frequently asked questions. Please find below the questions and answers, that would suffice your queries.
With ETRise Top MSMEs Ranking, The Economic Times Digital aims to celebrate the success of Indian Micro, Small & Medium Enterprises (MSME). The program aims to recognise small businesses that have excelled and set a benchmark for others to follow. The MSME sector in India is the largest formal job creator and the program will look to find and chronicle businesses that are creating a new and lasting template for success. The quest to find India’s successful private businesses is backed by one of the largest efforts to determine enterprises that are high on innovation, scorching the growth chart and the top performing ones. In the process, ETRise aims to highlight entrepreneurial success and businesses that will become giants of tomorrow.
Any Indian business/ enterprise, which falls under the bucket of Micro, Small or Medium enterprise, as defined under the Micro, Small and Medium Enterprises Development Act, 2006. In May 2020, Finance Minister Nirmala Sitharaman announced revisions in the definition of Micro, Small and Medium Enterprises (MSME) while delivering the economic package, part of the Aatmanirbhar Bharat Abhiyaan.
For the purposes of this programme, the eligibility criteria are as follows. This is agnostic of the sector and business type:
a) Micro: Less than Rs 5 cr
b) Small: Rs 5 cr to Rs 50 cr
c) Medium: Rs 50 cr to Rs 250 cr
Any Indian business can participate in the program if it qualifies as either a Micro, Small, or Medium Enterprise, as specified by the Ministry of MSME, Government of India.
There is no participation fee required for the program.
Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service