To bolster and motivate small entrepreneurs for setting up SSI
and modernisation, quality upgradation, market expansion, export
development, innovation and technological improvements, an
Incentive-cum-Recognition Scheme of National Awards for outstanding SSI
entrepreneurs has been introduced since 1983. The Awards consist of a
citation, trophy and cash prize amount of Rs. 25,000/-, Rs.20,000/- and
Rs. 15,000/- for I, II and III positions respectively and are given on
national basis by SIDO. Special Awards to SC/ST and women entrepreneurs
have been introduced since 1993-94 in this category. Apart from the
National-level Awards, State-wise Special Recognition Awards are also
given in this category to the entrepreneurs in each State.