Empowering MSMEs with News & Insights

MSME Zed certification scheme reaches milestone of 10,000 registrations within 15 months

Updated: Jul 18, 2023 02:27:33pm
image

MSME Zed certification scheme reaches milestone of 10,000 registrations within 15 months

New Delhi, July 18 (KNN) The MSME sustainable certification (ZED) scheme has crossed the 10,000 registration milestone within 15 months of its launch in April 2022.

The Union Minister of MSMEs Narayan Rane took to twitter to share the milestone. His tweet quoted, “MSME ZED certification scheme crosses 10,000 registration mark. Launched in April 2022, the success of the MSME ZED certification scheme reflects our firm commitment towards the visionary call of Zero Defect and Zero Effect Manufacturing by PM Narendra Modi.”

FOLLOW US on GOOGLE NEWS

The MSME ZED certification scheme aims to promote zero defect-zero effect practices among manufacturing MSMEs. The Quality Council of India (QCI), an autonomous body set up by the Ministry of Commerce and Industry, is the implementing body for the Zed Scheme.

The ZED certification model has three levels: Bronze, Silver, and Gold. These levels are classified according to 20 performance-based parameters such as quality management, timely delivery, process control, waste management, etc.

At Present, there are around 10,260 bronze-certified MSMEs in the country, about 49,075 MSMEs have applied for the certification. According to information on the Zed dashboard, there are currently only 153 gold-certified and 133 silver-certified MSMEs, reported FE.

The government charges Rs 10,000 from MSMEs for bronze certification, Rs 40,000 for silver certification, and Rs 90,000 for gold certification.

The scheme provides financial assistance of up to 75 per cent of the total cost of testing/certification, with a maximum subsidy ceiling of Rs 50,000. Additionally, up to Rs 2 lakh support for handholding/consultancy is offered to achieve the next certification level. Regarding support for technology upgradation, the scheme offers assistance of up to Rs 3 lakhs for moving towards zero effect solutions/pollution control measures/cleaner technology.  (KNN Bureau)

COMMENTS

  1. professionalutilities
    professionalutilities 09/01/2024 12:10 PM

    The ZED Certification goes beyond being a mere certification, as its objective is to enhance the competitiveness of MSMEs through assessment, support, management, technological intervention, and more. ZED stands for ZERO DEFECT ZERO EFFECT SCHEME, representing an MSME initiative encouraging the adoption of best practices that contribute to sustainability within their operations. The ZED Certificate process, an integral component of the ZED scheme, includes three levels: Bronze, Silver, and Gold. This certification process is strategically designed to assist MSMEs in enhancing their quality, safety, and environmental performance. Acquiring a ZED Certification proves to be a valuable asset, empowering businesses to elevate their competitiveness within the market.

    Reply to this comment

LEAVE A REPLY

Required fields are marked *