Quality Council of India to certify 22,000 MSMEs with bronze level
ZED Scheme aims to rate and handhold all MSMEs to deliver top-quality products using clean technology.
The Quality Council of India (QCI) is planning to certify minimum 22,000 micro, small and medium enterprises (MSMEs) with the bronze level under the ‘ZED scheme (Zero Defect Zero Effect)’ initiated by the Prime Minister Narendra Modi in this year, FICCI said in a press release.
The council will begin the process of assessment in the next 15 days, said Adil Zainulbhai, Chairman, QCI, at FICCI’s conference.
Federation of Indian Chambers of Commerce and Industry (FICCI) had organised a conference on ‘Sustainable Industry Growth through Quality Systems’ on the theme ‘Quality Systems to Achieve Goal of Make in India’.
ZED Scheme aims to rate and handhold all MSMEs to deliver top-quality products using clean technology.
The programe hopes to certify one million MSMEs in the next three years, Zainulbhai said. To meet this target, he urged the industry giants to acquire products and services only from certified merchants and mandate MSMEs to secure at least the bronze standards for their products and services.
Speaking at the event Zainulbhai said, "Consumers need to demand quality goods and services and reject substandard products. This will force the manufacturers and service providers to deliver quality goods and services which would advance the overall quality. The quality of products and services at the ground level in India did not even meet the minimum standards. This can be changed only by measuring quality and enforcing quality standards in all spheres of life."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
04:39 PM IST