Important Links


Responsible Indian BMO Awards On 22 January At New Delhi

Foundation for MSME Clusters organized the 2nd Award event on "Responsible Indian BMOs" on January 22, 2016 at India Habitat Centre in New Delhi. Micro, Small and Medium enterprises (MSMEs) are the backbone of both developing as well as developed nations, given their presence in large number as well as significant contribution to total output and employment. A significant proportion of MSMEs are represented by their industry associations and chambers of commerce also called Business Membership Organizations (BMOs). The objective of the event was to inspire MSMEs to adopt National Voluntary Guidelines, encourage more BMOs to promote responsible business practices among MSMEs and disseminate nationally and internationally the good work done by BMOs towards promoting responsible practices among BMOs.

The event was inaugurated by Dr Anup K Pujari, former Secretary, Ministry of MSME, Government of India. He said that the "Trust between public and private stakeholders is a key element for fast tracking the MSME movement in India." In this context, he also stressed on revamping the PMEGP scheme, which is a flagship programme of the Ministry. He mentioned that the cumbersome procedure to avail the scheme has been drastically simplified to incorporate an online application process of a one page application form and a two page project description. The three layer subsidy disbursement process which included multiple banks has also been replaced with RTGS system.

The event further included parallel sessions on "Innovation Promotion: Role of BMOs in enhancing SME- Academia Cooperation" and "Promoting Zero Defect Zero Effect" Production by MSMEs. An open forum discussion on "Ease of Doing Business: Role of BMOs" was also held and was chaired by Shri Madhav Lal, former Secretary, Govt. of India. He emphasized that government has been focusing on how to make doing business in India, easy. He mentioned that the government and BMOs need to interact more in an organized way to ensure relevant inputs and feedback to keep flowing.

During the ceremony a case study compendium on Promoting Responsible Business - Issue II was released by Ms. Ayumi Fujino, Representative and Regional Director for South Asia, UNIDO. Out of the 1,500 BMOs approached, 160 applied for the Award, 15 BMOs made it to the final stage and 7 were finally awarded. The event was an overwhelming success with over 120 participants attending and sharing their viewpoints. For more details, visit

The 3rd Awards for Responsible Indian BMOs will be held on 10th February, 2017 in New Delhi.

Copyright 2017. All rights reserved by TERI
This site is best viewed in Chrome browser, 1024X768 pixels.