Optimize IAS
  • Home
  • About Us
  • Free Initiatives
    • Daily Practice Sheets
    • Daily Prelims Notes
    • Prelims Power Play
    • Mains Factly
    • Sunday Essay Sadhna
    • Mains Master Notes
  • Courses
    • Mains 2023
      • Mains 2023 (Static)
      • Ethics Masterclass 2023
      • Essay Masterclass 2023
    • Integrated Guidance 2024
      • ARJUNA PRIME 2024
    • Prelims 2024
      • Laqshya 2024
    • Mains 2024
      • DPS Prime 2024 (Daily Answer Writing)
  • Downloads
    • Important Topics List for Prelims 2023
    • Daily Prelims Notes Compilation
    • Daily Practice Sheet Compilation
    • PPP Compilation
    • PSIR Notes
    • General Studies Notes
    • UPSC Mains Previous Year Papers
  • Portal Login
  • Home
  • About Us
  • Free Initiatives
    • Daily Practice Sheets
    • Daily Prelims Notes
    • Prelims Power Play
    • Mains Factly
    • Sunday Essay Sadhna
    • Mains Master Notes
  • Courses
    • Mains 2023
      • Mains 2023 (Static)
      • Ethics Masterclass 2023
      • Essay Masterclass 2023
    • Integrated Guidance 2024
      • ARJUNA PRIME 2024
    • Prelims 2024
      • Laqshya 2024
    • Mains 2024
      • DPS Prime 2024 (Daily Answer Writing)
  • Downloads
    • Important Topics List for Prelims 2023
    • Daily Prelims Notes Compilation
    • Daily Practice Sheet Compilation
    • PPP Compilation
    • PSIR Notes
    • General Studies Notes
    • UPSC Mains Previous Year Papers
  • Portal Login

CHAMPIONS

  • June 5, 2020
  • Posted by: admin
  • Category: DPN Topics
1 Comment
Print Friendly, PDF & Email

Subject: Economy

Context:

Prime Minister has launched the technology platform CHAMPIONS which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.

Concept:

  • 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 MSME Ministry.
  • 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.
  • Detailed objectives 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 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 are able to withstand the current situation and can become national and international champions.
  • In addition to ICT tools including telephone, internet and video conference, the system is enabled by Artificial Intelligence, Data Analytics and Machine Learning.

Importance of MSMEs

  • MSMEs are the backbone of Indian economy. Silently operating in different areas across the country, more than 6 crore MSMEs have a crucial role to play in building a stronger and self-reliant India.
  • These small economic engines have a huge impact on the country’s GDP-making a contribution of 29 percent.
  • They contribute to almost half of exports from the country.
  • Additionally, more than 11 crore people are employed in the MSME sector.

Comments are closed.

Print Friendly, PDF & Email
Loading

Recent Posts

  • Why is China digging a 10-km-deep hole into Earth’s crust? June 2, 2023
  • CBDT removes Fair Market Value (FMV) hurdle to Disinvestment June 2, 2023
  • NPAs linked to trade credit crisis June 2, 2023
  • IRDAI: Bima Sugam, Bima Vahaks and Bima Vistaar June 2, 2023
  • Mural of Akhand Bharat in Parliament stirs up row in Nepal June 2, 2023
  • Suspension of Operations (So0) Agreement June 2, 2023
  • NCERT in ‘rationalisation’ move drops periodic table chapter from Class X book June 2, 2023
  • U.S. and Taiwan ink trade deal as China issues warning June 2, 2023
  • Africa mulls legal options on ICC warrant against Putin June 2, 2023
  • Law Commission on Sedition June 2, 2023

About

If IAS is your destination, begin your journey with Optimize IAS.

Hi There, I am Santosh I have the unique distinction of clearing all 6 UPSC CSE Prelims with huge margins.

I mastered the art of clearing UPSC CSE Prelims and in the process devised an unbeatable strategy to ace Prelims which many students struggle to do.

Free Initiatives

  • Daily Practice Sheets
  • Daily Prelims Notes
  • Mains Factly
  • Prelims Power Play
  • Sunday Essay Sadhna

My Proven Strategy

  • Interview Strategy
  • Mains Strategy
  • Motivational
  • Prelims Strategy

Contact us

moc.saiezimitpo@tcatnoc

For More Details

Work with Us

Connect With Me

Santosh Pandey Quora Santosh Sir Telegram Santosh Sir Youtube Optimize IAS Instagram

Course Portal
Search