PM Modi launches technology platform ‘Champions’ to empower MSMEs | India News

Jun 1, 2020

NEW DELHI: Prime Minister Narendra Modi on Monday launched the technology platform ‘Champions‘ to help the smaller MSMEs by solving their grievances, encouraging and supporting them to march into the big league as national and global companies.
‘Champions’ stands for creation and harmonious application of modern processes for increasing the output and national strength.
It is a real one-stop shop solution started by the MSME ministry, according to an official statement.
As the name suggests, the portal is basically a technology-packed control room-cum-management information system.
The objectives of ‘Champions’ are:
* Grievance redressal: To resolve the problems of MSMEs, including those of finance, raw materials, labour, regulatory permissions, etc particularly in the Covid created difficult situation.
* To help them capture new opportunities, including manufacturing of medical equipment and accessories like PPEs, masks, etc and supply them in national and international markets.
* To identify and encourage the sparks: The potential MSMEs that are able to withstand the current situation and can become national and international champions.
It 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.
It is also fully integrated on real time basis with government’s main grievances portal CPGRAMS and MSME ministry’s other web-based mechanisms. The entire ICT architecture is created in house with the help of NIC in no cost. Similarly, the physical infrastructure is created in one of ministry’s dumping rooms in a record time.
During the launch, Union minister of MSME and road transport and highways Nitin Gadakari was also present.

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