The Udyog Ratna Award recognizes entrepreneurship and business excellence in Gujarat. It is a prestigious award given by the Government of Gujarat to individuals and organizations that have made significant contributions to the state’s economy. The award was instituted in 1996 and is given annually.
The award is given in the following categories:
- Udyog Ratna: This is the highest award given to individuals or organizations that have made outstanding contributions to the state’s economy.
- Udyog Bhushan: This award is given to individuals or organizations that have made significant contributions to the state’s economy.
- Udyog Shiromani: This award is given to individuals or organizations that have made a significant contribution to the state’s economy in a particular field.
The award is a recognition of the hard work and dedication of the awardees and their contribution to the state’s economy. It is also a motivation for others to emulate their success.
The award is presented by the Chief Minister of Gujarat at a function held in Gandhinagar. The awardees receive a cash prize, a citation, and a memento.
The Udyog Ratna Award is a prestigious award that recognizes entrepreneurship and business excellence in Gujarat. It is a motivation for others to emulate the success of the awardees and contribute to the state’s economy.
The other options are incorrect because they do not recognize entrepreneurship and business excellence in Gujarat. Sports achievement, academic excellence, and social service are all important, but they are not the focus of the Udyog Ratna Award.