Union Minister for Micro, Small and Medium Enterprises Shri Narayan Rane on April 28 launched the MSME Sustainable (ZED) Certification Scheme.
Objective
- This Scheme is an extensive drive to enable and facilitate MSMEs adopt Zero Defect Zero Effect (ZED) practices and motivate and incentivize them for ZED Certification.
- Through the journey of ZED Certification, MSMEs can reduce wastages substantially, increase productivity, enhance environmental consciousness, save energy, optimally use natural resources, expand their markets, etc.
Subsidy under 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% and 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.
GS TIMES UPSC PRELIMS & MAINS CURRENT AFFAIRS BASED BASICS DAILY ONLINE TEST CLICK HERE
CLICK HERE DAILY CURRENT AFFAIRS QUIZ FOR STATE CIVIL SERVICES
