ZED (Zero Defect, Zero Effect) scheme for MSME Sector
ZED or Zero Defect, Zero Effect scheme is a new initiative launched by the Narendra Modi led NDA government. The scheme is for MSME (Micro, Small and Medium Enterprises) Sector to increase the quality of products matching global standards.
ZED (Zero Defect, Zero Effect) Scheme
The main objective of ZED (Zero Effect, Zero Defect) scheme is to reduce the bad effect of products on environment. While MSME sector plays a big role in the GDP of India, the scheme will help contribute to environment as well.
Under the scheme, MSME sector is urged to make products with “Zero Defect” and “Zero Effect” on the environment, thus improving the brand image of the country. The prime minister also asked the MSME sector to make products at par with global standards.
Under the scheme, the MSME companies which follows the guidelines and meet the standards set by the ZED will be awarded ZED certification along with several benefits.
- Credible recognition of the industry for international customers seeking investment in India
- Streamlined operations and lower costs
- Superior quality, reduced rejection and higher revenues
- Increased environmental & social benefits
- Additional employment generation
- Other benefits as announced by the Government from time to time
How 4CPL Can Help?
The Gap analysis and handholding activity in the scheme will be carried out by 4CPL who is certified ZED consultant. 4CPL will conduct gap analysis on the site and assist the MSMEs in implementing suggested interventions that will improve their systems & processes and get them higher ZED rating once implemented in its true spirit.