PM launched Technology Platform to empower MSMEs

Prime Minister Narendra Modi launched the technology platform CHAMPIONS which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.

CHAMPIONS portal will enhance the smaller units by solving their grievances. It also aims to encourage, support, help the MSMEs. It is expected to act as a real one-stop-shop solution of MSME Ministry.

CHAMPIONS stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.

The ICT based system will help the MSMEs in present difficult situations, the COVID-19 pandemic.

CHAMPIONS will resolve the problems of MSMEs including those of finance, raw materials, labor, regulatory permissions, etc. particularly in the COVID-19 created a difficult situation.

CHAMPIONS will help the MSME sector to capture new opportunities including manufacturing of medical equipment and accessories like Personal protective equipment (PPEs), masks, etc and supply them in National and International markets;

It will identify and encourage potential MSMEs who are able to withstand the current situation and can become national and international champions.

The platform 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 (AI), Data Analytics, and Machine Learning.

It is also fully integrated on a real-time basis with GoI’s main grievances portal CPGRAMS and MSME Ministry’s own other web-based mechanisms.

Also, the physical infrastructure is created in one of the MSME Ministry’s rooms in record time.

A network of control rooms is created in a Hub & Spoke Model in New Delhi in the Secretary of MSME’s office.