Government announces ZED Scheme for MSMEs

To support the ‘Make in India’ campaign, the government has launched a new scheme called the ‘Financial Support to MSMEs in ZED Certification Scheme’. The objective of the scheme is to promote ‘zero defect and zero effect’ (ZED) manufacturing amongst micro, small and medium enterprises (MSMEs). 
 
ZED assessment for their certification is 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 and support the ‘Make in India’ campaign. 
 
There are 50 parameters for ZED rating and additional 25 parameters for ZED defence rating under the ZED Maturity Assessment Model. 

Under the scheme, 22,222 MSMEs will be rated and certified under the ZED Maturity Assessment Model, 5,000 MSMEs will be rated and certified under the ZED Defence Model, and 7,368 MSMEs will be supported for gap analysis and handholding and consultancy for improving their rating, etc. The total cost of the project is Rs 491 crore.