Indian Economy: What is Zero Defect, Zero Effect (ZED) scheme?

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What is Zero Defect, Zero Effect (ZED) scheme?

Administrator Oct 19, 2016 Indian Economy 0 comments

Zero Defect, Zero Effect (ZED) scheme

ZED Scheme aims to rate and handhold all MSMEs to deliver top quality products using clean technology.

It will have sector-specific parameters for each industry. MSME sector is crucial for the economic progress of India and this scheme will help to match global quality control standards.

The slogan of Zero Defect, Zero Effect (ZED) was first mentioned by PM Narendra Modi in his Independence Day speech in 2014.

It was given for producing high quality manufacturing products with a minimal negative impact on environment.

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