NEWS

Ministry of MSME launched MSME sustainable (zed) certification Scheme , an extensive drive to enable and facilitate MSMEs adopt Zero Defect Zero Effect (ZED) practices

THE SCHEMES

• Aims motivate and incentivize MSME for ZED Certification
• Through the ZED Certification, MSMEs can reduce wastages substantially, increase productivity, enhance environmental consciousness, save energy, optimally use natural resources, expand their markets, etc.

COMPONENTS OF THE SCHEME

• Under the Scheme, MSMEs will get subsidy as per the following structure, on the cost of ZED certification:
  • Micro Enterprises: 80%
  • Small Enterprises: 60%
  • Medium Enterprises: 50%
• There will be an additional subsidy of 10% for the MSMEs owned by Women/SC/ST Entrepreneurs OR MSMEs in NER/Himalayan/LWE/Island territories/aspirational districts.
• In addition to above, there will be an additional subsidy of 5% for MSMEs which are also a part of the SFURTI OR Micro & Small Enterprises – 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.