An MoU was signed between the State MSME Department and Quality Council of India (QCI) for implementation of Zero Defect Zero Effect (ZED) Certification Scheme for MSMEs of Odisha in a workshop of ZED Scheme held here on Monday.
The MoU was signed by ACS, MSME LN Gupta on behalf of MSME Department and Dr Ravi P Singh, Secretary General, QCI in presence of Minister, MSME, WCD and SSEPD Prafulla Samal.
Minister Samal stated that manufacturing MSMEs need a continual effort to improve their product and processes to boost their sales, exports and revenue.
He added that the ZED Certification Scheme would help them in improving quality, which in turn would enhance competitiveness of Odisha MSMEs globally.
The State has a vibrant presence of 3,83,898 MSMEs. ACS, MSME Gupta informed that the MSMEs would get an opportunity aiming to move up in the ZED maturity assessment model in terms of Bronze, Silver, Gold, Diamond and Platinum categories.
Under the scheme, financial support is available to an MSME undergoing ZED assessment, he told.
Over and above, one-time reimbursement of expenses incurred by a MSME unit on acquisition of plant and machinery/testing equipment for obtaining ZED ratings,
The State Government would provide assistance limiting to Rs 1 lakh for ZED Bronze rating, Rs 2 lakh for ZED Silver, Rs 3 lakh for ZED Gold, Rs 4 lakh for ZED Diamond and Rs 5 lakh for ZED Platinum. Members of different industry association such as UCCI, OSIA, OYEA were present.