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PM Modi launches CHAMPIONS: Technology Platform to empower MSMEs

PM Modi launches CHAMPIONS: Technology Platform to empower MSMEs_4.1

Prime Minister Narendra Modi has launched the technology platform CHAMPIONS which stands for Creation and Harmonious Application of recent Processes for Increasing the Output and National Strength. The portal is essential for creating the smaller units big by solving their grievances, encouraging, supporting, helping and handholding. It is a real one-stop-shop solution of MSME Ministry.

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Detailed objectives of CHAMPIONS:

  • Grievance Redressal: To resolve the issues of MSMEs including those of finance, raw materials, labour, regulatory permissions etc particularly within the COVID created a difficult situation;
  • To help them capture new opportunities: including manufacturing of medical equipment and accessories like PPEs, masks, etc and provide them in National and International markets;
  • To identify and encourage the sparks: i.e. the potential MSMEs who are ready to withstand the present situation and may become national and international champions.

It is a technology packed control room-cum-management data system. In addition to ICT tools including telephone, internet and video conference, the system is enabled by AI, Data Analytics and Machine Learning. It is also fully integrated on real time basis with GOI’s main grievances portal CPGRAMS and MSME Ministry’s own other web based mechanisms.The entire ICT architecture is made in house with the assistance of NIC in no cost. Similarly, the physical infrastructure is created in one of the ministry’s dumping rooms in record time.

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PM Modi launches CHAMPIONS: Technology Platform to empower MSMEs_5.1

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