SRINAGAR, JULY 17: The Micro, Small and Medium Enterprises Development
Institute (MSMEDI) Srinagar today organized an awareness
programme on the Government of India sponsored Zero Defect, Zero Effect (ZED)
Certification System for MSMEs.
Dozens of Srinagar-based entrepreneurs attending the programme were
enlightened about the ZED scheme and its benefits for the MSMEs.
Throwing light on the benefits of the ZED Certification System,
Assistant Director MSME DI Srinagar said the system offers a credible
recognition of the industry, streamlined operations and lower costs, superior
quality, reduced rejection and higher revenues, increased environmental
consciousness besides additional employment generation.
He added the model, which is applicable to all sectors of manufacturing
industries and focuses on MSMEs and small businesses, will address the quality
and ecological needs of customers, society, employees, partners, regulators and
investors.
Manager DI Srinagar, while speaking on the occasion, urged the
entrepreneurs to avail existing central schemes and adopt new technologies to
continue to be relevant in the fast-changing industrial scenario in the
country.
The awareness programme also included sessions on the mandatory Central
Udyog Aadhaar Registration and the Goods and Services Tax (GST) regime.
Commercial Tax Officer, S Sahran, who was also present on the occasion,
explained the nuances of the new tax system and how it will impact the
industrial growth in the State.
The programme was also attended by Deputy Manager, Energy Efficiency
Services Limited (EESL), who threw light on the role of EESL, a GoI venture set
up to facilitate the implementation of energy efficiency projects, and its
schemes concerning the use of energy efficient technologies by MSMEs.
President BAMK Industrial Association also attended the programme.