Prime Minister Narendra Modi launched technology-based solution named as CHAMPIONS for MSME sector, today in New Delhi.
The platform CHAMPIONS which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength is aimed to provide one stop solution to all the Micro, Small and Medium Enterprises in the country. Grievance redressal of the sector pertaining to finances, raw material, permissions among others will be addressed on this platform.
CHAMPIONS platform will also help businesses to expand their horizons by opening up bigger avenues to them. It will boost potential enterprises with the help of latest communication tools including telephone, internet and video conferencing. The system is enabled by Artificial Intelligence, Data Analytics and Machine Learning for providing quick solutions to the participating members.