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ZED Aims To Provide Roadmap To Indian MSME Amid Global Competitiveness: Rane

He also mentioned that it is imperative to develop a strategic roadmap to increase the outreach of the interventions and fast-track the last mile of entrepreneurship

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Zero Defect Zero Effect (ZED) has the potential to become a national movement as it aims to provide a roadmap to global competitiveness for the MSMEs of India, said Union Minister for Micro, Small and Medium Enterprises (MSME) Narayan Rane on Thursday, while launched the ZED certification scheme. 

He added that ZED will not only attempt to improve productivity and performance, it has the capability to change the mindset of manufacturers and make them more environmentally conscious.

During the event, Rane appreciated the efforts undertaken by the states and union territories as they devise various programmes and policies for MSMEs in their region to accomplish the common goal of developing the MSMEs. 

He also mentioned, "It is imperative to develop the strategic roadmap to increase the outreach of the interventions and fast-track the last mile entrepreneurship."

According to the official statement, through the journey of ZED Certification, MSMEs can reduce wastage substantially, increase productivity, enhance environmental consciousness, save energy, optimally use natural resources, expand their markets, etc.