The Government has launched a new scheme namely Financial Support to MSMEs in ZED Certification Scheme. The objective of the scheme is to promote Zero Defect and Zero Effect (ZED) manufacturing amongst micro, small and medium enterprises (MSMEs), promote adaptation of quality tools/systems and energy efficient manufacturing. The scheme would encourage MSMEs to constantly upgrade their quality standards in products and processes. There are 50 parameters for ZED rating and additional 25 parameters for ZED Defence rating under ZED Maturity Assessment Model. Under the scheme, around 22,222 MSMEs will be rated and certified under ZED Maturity Assessment Model, 5,000 MSMEs will be rated and certified under the ZED Defence Model, 7,368 MSMEs will be supported for Gap Analysis, Handholding, Consultancy for improving their rating, etc. The total cost of the project is Rs. 491.00 crore (Government contribution Rs. 365.00 crore, beneficiary MSMEs contribution Rs. 126.00 crore). Quality Council of India (QCI) has been appointed as the National Monitoring & Implementing Unit (NMIU) for implementation of ZED.