{"id":38992,"date":"2022-04-28T22:01:20","date_gmt":"2022-04-28T16:31:20","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-ld-msme-scheme\/"},"modified":"2022-04-28T22:01:20","modified_gmt":"2022-04-28T16:31:20","slug":"biz-ld-msme-scheme","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-ld-msme-scheme\/","title":{"rendered":"Revamped ZED certification scheme launched for MSMEs"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3957925561\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, Apr 28 (PTI) Union Minister Narayan Rane on Thursday launched the revamped Sustainable (ZED) Certification Scheme to facilitate MSMEs to adopt Zero Defect Zero Effect practices and become energy efficient while improving quality through increased compliance with manufacturing processes.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2153358891\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> MSMEs certified under the scheme would be eligible for concession in banks&#8217; processing fees and rate of interest along with preference in lending.<\/p>\n<p> The revamped scheme has also trimmed the parameters required to be met for the certification to 20 from 50 in the erstwhile scheme.<\/p>\n<p> MSMEs can reduce wastages substantially, increase productivity, enhance environmental consciousness, save energy, optimally use natural resources, expand their markets, etc. through the ZED certification scheme, a part of the MSME Champions scheme.<\/p><div class=\"trade-content_5\" id=\"trade-1438914487\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> &#8220;The ZED certification scheme will be beneficial towards improving quality, increasing manufacturing output and profits and controlling the detrimental impact on the environment,&#8221; said MSME Minister Rane at the launch.<\/p>\n<p> Speaking at the launch event, R P Singh, Secretary General, Quality council of India highlighted that Adoption of ZED certification by MSMEs will automatically lead to various types of compliances needed for MSME.<\/p>\n<p> Phase 1 of the scheme launched on Thursday will focus largely on maximising inclusion of manufacturing MSMEs and taking them through the ZED journey.<\/p>\n<p> The Phase 2 of the scheme will entail inclusion of service sector MSMEs and also strive to integrate manufacturing and service sector MSMEs who are registered under a state government system but not on Udyam.<\/p>\n<p> This phase will also make provisions to align ZED certification with the international certifications for its global acceptance.<\/p>\n<p> The scheme comprises three certification levels including bronze, silver and gold. MSMEs can apply for any certification level but would need to comply with its requirements.<\/p><div class=\"trade-content-10\" id=\"trade-1320824638\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> The 20 parameters under the scheme are mapped with existing certifications wherever applicable.<\/p>\n<p> The MSMEs will have to undertake a ZED pledge upon registration.\u00a0 MSMEs will get subsidy on the cost of ZED certification. The subsidy amount will be upto 80 per cent of the certification cost for micro enterprises, whereas for small and medium units it will be 60 per cent and 50 per cent respectively.<\/p>\n<p> There will be an additional subsidy of 10 per cent for the MSMEs owned by Women\/SC\/ST Entrepreneurs. In addition to above, there will be an additional subsidy of 5 per cent for MSMEs which are also a part of the SFURTI Or Micro &#038; Small Enterprises &#8211; Cluster Development Programme (MSE-CDP) of the Ministry. Further, a limited purpose joining reward of Rs 10,000 will be offered to each MSME once they take the ZED Pledge.<\/p>\n<p> A provision of up to Rs 5 lakh per MSME will be made available for handholding and consultancy support for MSMEs under ZED Certification for assisting them to move towards Zero Defect Zero Effect solutions.<\/p>\n<p> The MSMEs can also avail a number of other incentives offered for ZED Certification by States &#038; UTs, Financial Institutions etc. and can also apply for free Certification under the MSME KAWACH (COVID-19 Support) initiative. PTI RSN  MR MR<\/p>\n<div class=\"trade-after-content\" id=\"trade-822313124\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Apr 28 (PTI) Union Minister Narayan Rane on Thursday launched the revamped Sustainable (ZED) Certification Scheme to facilitate MSMEs to adopt Zero Defect Zero Effect practices and become energy efficient while improving quality through increased compliance with manufacturing processes. MSMEs certified under the scheme would be eligible for concession in banks&#8217; processing fees [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1698,31],"tags":[],"class_list":["post-38992","post","type-post","status-publish","format-standard","hentry","category-commodities","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Revamped ZED certification scheme launched for MSMEs - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-ld-msme-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revamped ZED certification scheme launched for MSMEs\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Apr 28 (PTI) Union Minister Narayan Rane on Thursday launched the revamped Sustainable (ZED) Certification Scheme to facilitate MSMEs to adopt Zero Defect Zero Effect practices and become energy efficient while improving quality through increased compliance with manufacturing processes. 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