03 May 2022 Zero Defect Zero Effect: MSME
Zero Defect Zero Effect: MSME – Today Current Affairs
- The Ministry of Micro, Small and Medium Enterprises has launched the MSME Sustainable (ZED- Zero Defect Zero Effect) certification scheme.
Today Current Affairs
About the plan:
- This scheme motivates and encourages MSMEs to become MSME champions by enabling and facilitating them to adopt ZED methods and ZED certification.
- MSME Sustainable (ZED) certification can be achieved in three levels after taking the ZED Pledge and registering:
- Certification Level 1: Bronze
- Certification Level 2: Silver
- Certification Level 3: Gold
- MSME can apply for any certification level after taking the ZED Pledge if it feels that it fulfills the required conditions in each level.
- Taking the ZED Pledge means that MSMEs have to take a “pre-commitment” to follow the values of Zero Effect, Zero Defect and move ahead in the path of ZED.
Subsidy : The Hindu Analysis
- Under the scheme, MSMEs will get subsidy on the cost of ZED certification as per the following structure:
- Micro Enterprises: 80%
- Small Enterprises: 60%
- Medium Enterprises: 50%
- Rs 5 lakh (per MSME) will be provided for handholding and consultancy support to MSMEs under ZED certification to help them move towards zero defect zero effect solution.
- MSMEs can also take advantage of various other incentives offered by States and UTs, financial institutions etc. for ZED certification and MSMEs can also apply for free ZED certification under Kavach (COVID-19 MADAD) initiative.
Components of the plan : The Hindu Analysis
- Industry Awareness Program/Workshop.
- Training Program.
- Evaluation and Certification.
- Hand holding.
- Benefits/Incentives.
- PR campaigns, advertising and brand promotion.
- Digital Platforms.
Potential benefits : The Hindu Analysis
- Through the process of ZED certification, MSMEs can increase their productivity by reducing wastage to a great extent and can make optimum use of natural resources and expand their markets by saving energy by increasing environmental awareness.
ZED Scheme : The Hindu Analysis
- The scheme launched by the Ministry of Micro, Small and Medium Enterprises in the year 2016 is an integrated and comprehensive certification system.
- The scheme is responsible for technical functions including productivity, quality, pollution mitigation, energy efficiency, financial condition, human resources and design and intellectual property rights (IPR) in both products and processes.
- Its mission is to develop and implement ‘ZED’ culture in India based on the principle of Zero Defect Zero Effect.
Zero Defect : The Hindu Analysis
- Zero Defect concept is a customer centric concept.
- Zero non-conformity or non-compliance.
- Zero Waste
Zero Effect : The Hindu Analysis
- Zero air pollution, liquid discharge, solid waste.
- Zero wastage of natural resources.
Objective of the scheme : The Hindu Analysis
- To develop a ‘Zero Defect’ ecosystem in the MSME sector.
- To promote optimization of quality equipment/systems and energy efficient manufacturing.
- Enabling MSMEs to manufacture quality products.
- To encourage MSMEs to continuously upgrade their quality standards in products and processes.
- To develop professionals in the field of ZED manufacturing and certification.
- Supporting the ‘Make in India’ campaign.
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Yojna daily current affairs 3 May 2022
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