
About Us KIP is a registered company, incorporated in 2008 to provide quality work, consultation and advisory services in the field of Accounting, Auditing and Assurance, Taxation and regulatory, Company registration, LLP formation, Project reports and Business registrations to its clients. KIP is managed by a very strong team of qualified and experienced professionals comprised of Chartered Accountants, Management Graduates and Post-Graduates.
Dear-Businessman/Investors,
In Series of KIP: Business and Subsidy Update, today we are going to share with you aninformative series i.e., “Financial Support to MSMEs in ZED Certification” under AatmanirbharGujarat Scheme 2022-27
The Government of Gujarat launched the Aatmanirbhar Gujarat Schemes in October 2022 topromote industrial growth and self-reliance. The policy replaces the 2020 Industrial Policy and aims to attract ₹12.5 lakh crore in investments and generate employment for over 15 lakh people.
The scheme envisages promotion of Zero Defect and Zero Effect (ZED) manufacturing amongst
MSMEs and ZED Assessment for their certification so as to:
1. Develop an Ecosystem for Zero Defect Manufacturing in MSMEs.
2. Promote adaptation of Quality tools/systems and Energy Efficient manufacturing.
3. Enable MSMEs for manufacturing of quality products.
4. Encourage MSMEs to constantly upgrade their quality standards in products and processes.
5. Drive manufacturing with adoption of Zero Defect production processes and without
impacting the environment.
6. Support ‘Make in India’ campaign.
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7. Develop professionals in the area of ZED manufacturing and certification.
The enterprise will be eligible for subsidy @ 50% of all charges on the amount after deducting theassistance received from Government of India for ZED Certification, up to a maximum amount of Rs. 50,000 during the operative period of the scheme.
Under this scheme incentives can avail by an entity/organisation such as Proprietary, Partnership, Pvt. Ltd. Company, Public Ltd., LLP (Limited Liability Partnership) and Co-operative society etc.
“Fixed Capital Investment” refers to the investments made for the establishment of a new enterprise, expansion/modernization/ substitution of existing enterprises (where applicable), including investment in land/land development, shed-building construction, installation of new plants and machinery, electricity supply, water supply, and boundary wall construction.
The Aatmanirbhar Gujarat Scheme will be effective from October 2022 till October 2027.
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