lsquo Zero Defect Zero Eff ect ZED rsquo often seen in the news is ........

Economic Affairs Small Scale Industries

‘Zero Defect, Zero Eff ect (ZED)’, often seen in the news, is:

A scheme that aims to improve the health of rural India by providing them with a clean cooking fuel – LPG.

A plan of action for sustainable economic growth in the Asia-Pacifi c Region, an outcome of the deliberations of the AsiaPacifi c Economic Forum.

An agenda for women’s empowerment, an outcome of a World Conference convened by the United Nations.

A Scheme with an aims to rate and handhold all Micro, Small and Medium Enterprises (MSME) to deliver top quality products using clean technology

Explanation: Zero Defect, Zero Effect

ZED Scheme aims to rate and handhold all MSMEs to deliver top quality products using clean technology.
It will have sector-specifi c parameters for each industry.
MSME sector is crucial for the economic progress of India and this scheme will help to match global quality control standards.
The slogan of Zero Defect, Zero Eff ect (ZED) was fi rst mentioned by PM Narendra Modi in his Independence Day speech in 2014.
It was given for producing high quality manufacturing products with a minimal negative impact on environment.
ZED Scheme is meant to raise quality levels in unregulated MSME sector which is engine of growth for Indian economy. MSME sector drives almost 38% of nation’s GDP and around employs 110 million employees.
The scheme will be cornerstone of the Central Government’s fl agship Make in India programme, which is aimed a turning India into a global manufacturing hub, generating jobs, boosting growth and increase income.