CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What percent of Micro Enterprises will receive subsidies in their businesses under the ZED certification scheme?
A
80%
B
20%
C
60%
D
40%
Explanation: 

Detailed explanation-1: -Under the Scheme, MSMEs will get subsidy as per the following structure, on the cost of ZED certification: Micro Enterprises: 80% Small Enterprises: 60%

Detailed explanation-2: -“The subsidy offered (for micro enterprises) is as much as 80 per cent, for small enterprises it is 60 per cent and for medium enterprises it is 50 per cent,” he mentioned. The women-owned businessess can avail an extra 5 per cent subsidy in the category of Scheduled Castes and Scheduled Tribes.

Detailed explanation-3: -Additional rating for Defence angle i.e. Defence ZED by empanelled Credit Rating Agencies/other Agencies valid for 4 years (Ministry of MSME will subsidize* 80% of Micro, 60% of Small, 50% of Medium Enterprises’ Certification Fee: average 70% of Fee) (Assessment Fee Rs. 40,000/- per enterprise.)

Detailed explanation-4: -6. Subsidy on Cost of ZED Certification (80%, 60% & 50% for Micro, Small and Medium Enterprises, respectively)

Detailed explanation-5: -MSME Sustainable (ZED) Certification is an extensive drive to create awareness amongst MSMEs about Zero Defect Zero Effect (ZED) practices and motivate and incentivise them for ZED Certification while also encouraging them to become MSME Champions.

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