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Govt launches ZED scheme for MSMEs

Staff reporter, New Delhi
01/08/2017   0 Comments

The Government has launched a new scheme namely “Financial Support to MSMEs in ZED Certification Scheme”. 

The objective of the scheme for promotion of Zero Defect and Zero Effect (ZED) manufacturing amongst micro, small and medium enterprises (MSMEs) and ZED Assessment for their certification so as to: develop an Ecosystem for Zero Defect Manufacturing in MSMEs, promote adaptation of Quality tools/systems and Energy Efficient manufacturing, enable MSMEs for manufacturing of quality products, encourage MSMEs to constantly upgrade their quality standards in products and processes, drive manufacturing with adoption of Zero Defect production processes and without impacting the environment, support ‘Make in India’ campaign and develop professionals in the area of ZED manufacturing and certification. 
 
There are 50 parameters for ZED rating and additional 25 parameters for ZED Defence rating under ZED Maturity Assessment Model. The MSMEs are provided financial assistance for the activities to be carried out for ZED certification i.e., Assessment / Rating, Additional rating for Defence angle, Gap Analysis, Handholding, Consultancy for improving the rating of MSMEs by Consultants and Re-Assessment / Re-Rating. 
 
Under the scheme, 22,222 MSMEs will be rated and certified under ZED Maturity Assessment Model, 5,000 MSMEs will be rated and certified under the ZED Defence Model, 7,368 MSMEs will be supported for Gap Analysis, Handholding and Consultancy for improving their rating. The total cost of the project is Rs 491 crore (Government contribution Rs 365 crore, beneficiary MSMEs contribution Rs 126 crore). 
 
Quality Council of India (QCI) has been appointed as the National Monitoring & Implementing Unit (NMIU) for implementation of ZED. QCI has reported that 3217 MSMEs has been registered as on25.07.2017 for ZED Certification. The MSME-wise details are Micro: 1332, Small: 1522 & Medium: 363 and financial assistance to MSMEs is yet to commence. 

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