Industrial Sector Updates – Industrial Policy, Ease of Doing Business, etc.

CHAMPIONS Platform to empower MSMEs

Note4Students

From UPSC perspective, the following things are important :

Prelims level : CHAMPIONS Portal

Mains level : Various moves to boost MSME sector

Recently PM has launched the technology platform CHAMPIONS as a one-stop-shop solution of MSME Ministry.

At the very first sight, the name CHAMPIONS creates a delusion. It looks more of an HRD initiative. Here lies the risk! Please cautiously make a personal note here. Demarcate all such initiatives on an A4 page.

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 technology-packed control room-cum-management information system.
  • 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.
  • This ICT based system is set up to help the MSMEs in a present difficult situation and also to handhold them to become national and international champions.

Detailed objectives

  • Grievance Redressal: To resolve the problems of MSMEs including those of finance, raw materials, labour, regulatory permissions etc particularly in the COVID created a 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:e. the potential MSMEs who are able to withstand the current situation and can become national and international champions.
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