Why in News?

Recently, the Prime Minister Shri Narendra Modi launched a technology platform called ‘CHAMPIONS Platform’.

Key Points

• CHAMPIONS stand for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.
• The portal is basically for making the smaller units big by solving their grievances, encouraging, supporting, helping and handholding.
• It is a real one-stop-shop solution of Ministry of Micro, Small and Medium Enterprises (MSMEs).
• This ICT based system is set up to help the MSMEs in present difficult situation and to handhold them to become national and international champions.
• It is also fully integrated on real time basis with GOI’s main grievances portal Centralized Public Grievance Redress And Monitoring System (CPGRAMS) and MSME Ministry’s own other web-based mechanisms.

Objectives:

• 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:  i.e. the potential MSMEs who can withstand the current situation and can become national and international champions