Additionally, up to Rs 2 lakh support for handholding/consultancy is offered to achieve the next certification level. The scheme provides financial assistance of up to 75% of the total cost of testing/certification, with a maximum subsidy ceiling of Rs 50,000. MSMEs are charged Rs 10,000 for bronze certification, Rs 40,000 for silver certification, and Rs 90,000 for gold certification. According to information on the Zed dashboard, there are currently only 153 gold-certified and 133 silver-certified MSMEs.Īlso read: Udyam and CGTMSE collaborate to exchange MSME data While there are 10,260 bronze-certified MSMEs in the country, about 49,075 MSMEs have applied for the certification. The bronze certification is provided after meeting five parameters, followed by Silver at 14, and Gold at 20. These levels are classified according to 20 performance-based parameters such as quality management, timely delivery, process control, waste management, etc. The ZED certification model has three levels: Bronze, Silver, and Gold. 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.Īlso read: MSME registration crosses the 2 crore registration milestone on Udyam PM Modi appealed to the MSMEs of the country to manufacture goods with ‘zero defects,’ which have zero effects on the environment. The rationale behind the launch of the zero defect-zero effect was expressed by Prime Minister Narendra Modi during his address on the 68th Independence Day. Cybersecurity startup Prikus Tech raises $6.2 Mn in seed funding
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