Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Zed Certification

About This Scheme

The scheme “Assistance For Zed Certification” is a sub scheme under the “Investment Promotion Scheme (IPS)” for MSME Sector. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027. > Objective of the "Investment Promotion Scheme (IPS)”: The scheme envisages to provide incentives and assistance to the MSME Sector in order to nurture them and protect them from market vagaries thereby making them vibrant and successful, maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc. > Objective of the "Assistance For Zed Certification" Sub-scheme: The Scheme envisages promotion of Zero Defect and Zero Effect (ZED) manufacturing amongst MSMEs and ZED Assessment for their certification so as to: - Develop an Ecosystem for Zero Defect Manufacturing in MSMEs. - Promote adaptation of Quality tools/ systems and Energy Efficient manufacturing. - Enable MSMEs for manufacturing of quality products. - Encourage MSMEs to constantly upgrade their quality standards in products and processes. - Drive manufacturing with adoption of Zero Defect production processes and without impacting the environment. - Support “Make in India" campaign. - Develop professionals in the area of ZED manufacturing and certification.

Eligibility

1. Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector. 1. The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027. 1. Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu. 1. Applicant shall have to apply within a year from the date of issue of the certificate.

Benefits

- 50% up to a maximum amount of ₹1,00,000/-. > Note: Subsidy shall be provided of all charges on the amount after deducting the assistance received from Government of India for ZED Certification.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.