PM Modi launches CHAMPIONS: Technology Platform to empower MSMEs
Delhi, June 1, 2020: PM Narendra Modi launched CHAMPIONS – a technology platform to empower MSMEs. This is a one-stop place for Micro, Small & Medium Enterprise (MSME) sector. The focus areas are support and hand-holding, grievance redressal, harnessing entrepreneurial talent and discovering new business opportunities.
Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength
It has been felt necessary to put up and promote a unified, empowered, robust, bundled and technology-driven platform for helping and promoting the Micro, Small and Medium Enterprises (MSMEs) of the country. As the name suggests it will aim at Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. Accordingly, the name of the system is CHAMPIONS. This is basically for making the smaller units big by helping and handholding.
Three basic objectives of the CHAMPIONS:
- To help the MSMEs in this difficult situation in terms of finance, raw materials, labour, permissions, etc.
- To help the MSMEs capture new opportunities including manufacturing of medical items & accessories.
- To identify the sparks, i.e., the bright MSMEs who can withstand at present and become national and international champions.