 The award was provided on 24 April 2012 by Ministry of Panchayati Raj.The approach and work of SIIRD has been appreciated at international level as evidenced by its winning the fourth spot worldwide in HCT-Wharton Tournament in Abu Dhabi.The students have presented the concept of SIIRD in conferences organized by University of Cambridge, University of British Columbia, Essex Business School, and Humboldt-University of Berlin.