micro entrepreneurs Current Affairs - 2020

Economic Census begins at the National Capital Region

The seventh Economic Census was flagged off at the National Capital by the Ministry of Statistics and Programme Implementation. This is the first time the Census is being carried out in Digital Platform. The Ministry has tied up with Common Service Centres Network (CSCN) for the digital implementation of the census

Highlights

Delhi is the 26th state where the Census is being launched. It is already in process in 20 states and 5 Union Territories. At the capital, it will take three months for the census to complete. More than 1.5 lakh trained volunteers are to visit more than 35 crore establishments to carry out the census.

National Economic Census

The Indian Economic Census is counting the entrepreneurial units involved in agricultural, non-agricultural or any other economic activity. It provides information about the number of establishments in the country, number of persons employed, type of ownership, finance, etc. So far, 6 economic censuses have been held. They were in 1977, 1980, 1990, 1998, 2005, 2013. The seventh Census is the ongoing census that began in 2019.

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4th edition of National Entrepreneurship Awards 2019

Union Ministry of Skill Development and Entrepreneurship (MSDE) announced fourth edition of National Entrepreneurship Awards, 2019 with aim to honour outstanding young 1st generation entrepreneurs as well as ecosystem builders for their exceptional contribution in entrepreneurship development. They will reward the most innovative, inspiring and accomplished micro entrepreneurs to scale up their business.

About National Entrepreneurship Awards

These annual awards have been instituted by MSDE to honour outstanding young first generation entrepreneurs and ecosystem builders for their exceptional contribution in entrepreneurship development. The awards seek to instill and entrench entrepreneurial attitude among the future generations and the Youth of India.

Categories: There are a total of 45 specially designed awards to be bestowed – 39 Enterprise Awards and 6 Awards for Entrepreneurship Ecosystem Builders.

Eligibility: To be eligible for these awards, the nominee (entrepreneur) must be (i) under the age of 40 years; (ii) first-generation entrepreneurs; (iii) hold 51% or more equity and ownership of business and women entrants individually or collectively owning 75% or more of the enterprise.

Cash prize: Winners will be presented with Trophy, Certificate and Cash Prize of Rs. 5 lakh (enterprises/ individuals) and ₹Rs. 10 lakh (organizations/ institutes).

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