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Important Facts For Prelims


  • 13 May 2020
  • 2 min read

Why in News

Recently, the Ministry of Micro, Small and Medium Enterprises (MSME) has launched CHAMPIONS portal.

Key Points

  • The CHAMPIONS stands here for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.
  • It is a technology driven Control Room-Cum-Management Information System which utilises modern information and communication technology (ICT) tools.
  • A network of control rooms is created in the Hub & Spoke Model.
    • The Hub is situated in New Delhi in the Secretary MSME’s office.
    • The spokes will be in the States in various offices and institutions of the Ministry.
  • Aim: To assist Indian MSMEs march into the big league as National and Global CHAMPIONS by solving their grievances and encouraging, supporting, helping and hand holding them.
  • Three basic objectives:
    • Support: To help the MSMEs in this difficult situation in terms of finance, raw materials, labour, permissions, etc.
    • Explore: To help them capture new opportunities like manufacturing of medical accessories and products like Personal Protection Equipments (PPEs), masks, etc.
    • Promote: To identify the sparks, i.e., the bright MSMEs who can not only withstand but can also become national and international champions.

Source: PIB

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