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Home Breaking News

Prime Minister launches tech platform ‘CHAMPIONS’ for MSMEs

CHAMPIONS, which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength, is a portal for making smaller units big by solving their grievances, encouraging, supporting, helping and handholding, an official statement said.

by NavJeevan
6 years ago
in Breaking News, Business, COVID-19, Lockdown, MSMEs, National
Reading Time: 2 mins read
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Prime Minister launches tech platform ‘CHAMPIONS’ for MSMEs

Prime Minister Narendra Modi launched technology platform ''CHAMPIONS'' to address the issues of Micro, Small and Medium Enterprises (MSMEs) in New Delhi on Monday. Union Minister Nitin Gadkari also in the picture. PHOTO: PIB

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NE NEWS SERVICE
NEW DELHI, JUNE 1

Prime Minister Narendra Modi has launched technology platform ”CHAMPIONS” to address Micro, Small and Medium Enterprises (MSMEs) facing difficulties, and to handhold them to become national and international champions here on Monday.

Objectives of CHAMPIONS:

  • Grievance Redressal: To resolve the problems of MSMEs including those of finance, raw materials, labor, regulatory permissions etc particularly in the Covid created difficult situation;
  • To help them capture new opportunities:  including manufacturing of medical equipments and accessories like PPEs, masks, etc and supply them in National and International markets;
  • To identify and encourage the sparks:  i.e. the potential MSMEs who are able to withstand the current situation and can become national and international champions.

CHAMPIONS, which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength, is a portal for making smaller units big by solving their grievances, encouraging, supporting, helping and handholding, an official statement said.

“This ICT (Information and Communications Technology) based system is set up to help the MSMEs in present difficult situation and also to handhold them to become national and international champions,” it said.

The portal entails a grievance redressal mechanism to resolve problems of MSMEs, including those of finance, raw materials, labour, regulatory permissions, among others, particularly in the COVID-19 created difficult situation.

It will also help MSMEs capture new opportunities, including manufacturing of medical equipments and accessories like PPEs, masks, among others, and supply them in national and international markets.

The platform will also help identify and encourage the sparks – the potential MSMEs who are able to withstand the current situation and can become national and international champions, it said.

CHAMPIONS is a technology packed control room-cum-management information system.

In addition to ICT tools including telephone, internet and video conference, the system is enabled by artificial intelligence, data analytics and machine learning, the statement added.

As part of the system a network of control rooms is created in a Hub & Spoke Model. The Hub is situated in New Delhi in the Secretary MSME’s office. The spokes are in the States in various offices and institutions of MSME Ministry. As of now, 66 state level control rooms are created and made functional. They are connected through video conference also in addition to the portal of Champions. A detailed standard operating procedure (SOP) has been issue to the officers and staff have been deployed and training has been conducted for them.

Minister of MSME and Road Transport and Highways Nitin Gadakari was also present during the launch, the statement added.

Tags: 'CHAMPIONS' for MSMEsPrime Minister launches tech platform
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