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“Source:- Times Now News”
New Delhi:  Prime Minister Narendra Modi on Monday launched the technology platform ‘Champions’ which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength to empower MSMEs.

According to a PIB release outlining the platform’s objectives, this portal “is a one-stop place for the MSME sector. The focus areas are support & hand-holding, grievance redressal, harnessing entrepreneurial talent, and discovering new business opportunities.”

Some of the major objectives of this portal are to help the MSMEs in this difficult situation in terms of finance, raw materials, labour, permissions, etc. And, also help the MSMEs capture new opportunities including manufacturing of medical items & accessories.

The platform also aims to identify the sparks, i.e., the bright MSMEs who can withstand at present and become national and international champions.

In a statement, the government said that “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 a real-time basis with GOI’s main grievances portal CPGRAMS and MSME Ministry’s own other web-based mechanisms. The entire ICT architecture is created in house with the help of NIC at no cost. Similarly, the physical infrastructure is created in one of the ministry’s dumping rooms in record time.”

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