ZED scheme: 10 major benefits for MSMEs

ZED scheme: 10 major benefits for MSMEs

Oct 18, 2023

Girish Khurana

Under the International Cooperation (IC) Scheme, stall charges up to Rs 3.50 lakh or actual rent paid, whichever is lower

Freight charges under IC scheme: Actuals up to Rs 50k plus Rs 10k per MSME unit

Travelling charges under the IC Scheme for Economy class airfare subject to a maximum of Rs. 1.75 lakh or actual fare paid, whichever is lower

Joining reward of Rs. 10,000/- will be offered to each MSME once they take the ZED Pledge which needs to be utilized within a defined time period, to be used for a ZED Certification (Bronze, Silver, Gold)

Each Unit (under one Udyam Registration) will need to apply for Certification separately to avail subsidy/benefits/ incentives:

80%, 60% & 50% for Micro, Small and Medium Enterprises, respectively

An additional subsidy of 10% for the MSMEs owned by Women/SC/ ST Entrepreneurs OR MSMEs in NER/ Himalayan/LWE/Island territories /Aspirational districts

An additional subsidy of 5% for MSMEs which are also a part of the SFURTI OR Micro & Small Enterprises - Cluster Development Programme (MSE-CDP) of the Ministry of MSME

For availing Testing OR Management Systems OR Product Certification, of upto 75% of the total cost of Certification, with the maximum ceiling of subsidy being Rs. 50,000/-

Increased Guarantee Coverage of 85% for ZED Certified MSEs under the CGTMSE

10% additional concession/ relaxation in guarantee fee for ZED Certified MSEs under the CGTMSE

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