CHAMPIONS: Technology Platform to empower MSMEs

CHAMPIONS: Technology Platform to empower MSMEs

Question: Who has launched the technology platform named Champions to MSMEs on June 1, 2020?
(a) Nitin Gadkari
(b) Nirmala Sitharaman
(c) Narendra Modi
(d) Narendra Singh Tomar
Answer: (c)
Related facts:

  • Prime Minister Narendra Modi launched the technology platform CHAMPIONS which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength on June 1, 2020.
  • This portal is developed for making the smaller units big by solving their grievances, encouraging, supporting, helping and handholding. 
  • This ICT based system is set up to help the MSMEs in present difficult situation and also to handhold them to become national and international champions.
  • Major objective of CHAMPIONS:
  • Grievance Redressal: To resolve the problems of MSMEs including those of finance, raw materials, labor, regulatory permissions etc particularly in the Covid created difficult situation;
  • To help them capture new opportunities:  including manufacturing of medical equipments 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 are able to withstand the current situation and can become national and international champions.
  • It is a technology packed control room-cum-management information system. It is also fully integrated on real time basis with GOI’s main grievances portal CPGRAMS and MSME Ministry’s own other web based mechanisms.

Links:

https://pib.gov.in/PressReleasePage.aspx?PRID=1628317