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Unraveling the National Entrepreneurship Award (NEA) with Prof. Satyajit Majumdar, the esteemed core committee member of NEA

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Jaipuria Institute of Management, Lucknow recently organized an outreach program to spread awareness about the National Entrepreneurship Awards. Under the guidance of Prof. Vijay Prakash Anand and Prof. Jatin Srivastava, the award briefing session aimed to sensitize young entrepreneurs about the awards that were established last year. Prof. Satyajit Majumdar from TISS was the guest speaker for the session that offered participants insights into different aspects of the award.

With over three decades of professional experience, Prof. Majumdar is an esteemed member of the core committee of National Entrepreneurship Awards. The guest speaker started his enlightening talk by giving participants a brief overview of the awards. He then touched upon eligibility, vision, procedure of application, and categories of Youth Entrepreneurship Awards.

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“National Entrepreneurship Awards are a part of entrepreneurship policy by Government of India. Seven top institutes including IIT Delhi, IIT Kanpur etc were invited by the Ministry to design the awards. The first awards were held last year in the presence of Honorable Home Minister Shri Rajnath Singh,” explained Prof. Satyajit Majumdar to the audience. It reflected the emphasis GOI has laid on the awards, which were followed up by a review meeting earlier this year.

Prof. Majumdar stressed on the fact that the awards are meant for young entrepreneurs with the age limit set to 30 years by the Cabinet. “The vision of these awards is to keep the spirit of enterprise alive in the youth of our country and to keep them motivated.” He iterated that while there can be only one winner, active participation of young entrepreneurs in itself is a huge success for the much talked about awards.

The conversation was taken forward by Mr. Ravidas Durwas, who talked further about the 17 categories of the awards. They also constitute of 6 recognitions; 3 each for private and Government recognitions. 2 special recognitions – Social enterprise and Barefoot enterprise are also a part of the awards. Young Entrepreneurs present in the gathering then introduced themselves. The event ended with a Q & A session with Mr. Majumdar, making it a truly enriching experience for all.