Why in News?
Recently, the Prime Minister Shri Narendra Modi launched a technology platform called ‘CHAMPIONS Platform’.
- 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.
- 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