Rating in ZED Scheme

Q.  Which of the following is/are true regarding the ratings in ZED Scheme?

1) Out of 50 ZED Parameters, 20 are essential parameters.
2) Each parameter has 3 levels.
- Published on 19 Oct 16

a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2

ANSWER: Only 1
 
  • There are 50 parameters on which the MSMEs will be assessed and rated.
  • The MSME applicant is required to comply with identified 20 essential parameters and at least 10 other parameters (as per the MSMEs domain competency, i.e. sector of operation and type of industry). Hence, the MSMEs will be rated on a minimum of 30 parameters.
  • MSMEs may seek ZED rating on more than 30 parameters as per the processes and systems available at the MSME.
  • Each parameter has 5 levels.
  • The Rating is based on a weighted average level.
  • The company is encouraged, handheld and trained to achieve a higher level for each parameter and thus elevate itself in the maturity model.

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