of Modern Processes for Increasing the Output and National Strength (CHAMPIONS) portal
In the challenging times when the entire world has been fighting with COVID-19 pandemic, there is yet another milestone policy initiative made by the Government of India in the MSME Segment under the magnificent leadership of Hon’ble Prime Minister Shri Narendra Modi.
Appreciating highly about the initiatives on release of the Economic Package Aatma Nirbhar Bharat Abhiyaan worth Rs 20 lakh crore and launching of the CHAMPIONS portal by the MSME Ministry, Shri Ronak Rughani, Chairman SRTEPC congratulated Shri Narendra Modi, Hon’ble Prime Minister, Smt. Nirmala Sitharaman, Hon’ble Union Minister of Finance & Corporate Affairs and Shri Nitin Jairam Gadkari, Hon’ble Union Minister of Micro, Small, & Medium Enterprises and Smt. Smriti Zubin Irani, Hon’ble Textile Minister. Shri Ronak Rughani, Chairman SRTEPC mentioned that the CHAMPIONS portal will be instrumental to implement the Schemes that have been announced for the MSMEs in the Economic Package Aatma Nirbhar Bharat Abhiyaan. Shri Ronak Rughani also mentioned that an economic package of this magnitude is historic one to fulfil the expectations and aspirations of the MSME, village and cottage industry sector.
The MSME sector is the backbone of the Indian economy. It churns out over 6000 products which are highly sought after across the global marketplaces. Shri Ronak Rughani, Chairman SRTEPC mentioned that the schemes in the economic package such as Rs. 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs, Rs. 20,000 crore subordinate debt for stressed MSMEs, Rs. 50,000 crore equity infusion through MSME Fund of Funds, New Definition of MSME and other Measures for MSME, e-market linkage for MSMEs as a replacement for trade fairs and exhibitions, etc. will substantially improveconfidence of the MSME, village and cottage industry sector that contributes about 48 per cent in in total export from India and help them grow to new heights with the support of this package.
Shri Ronak Rughani, Chairman SRTEPC mentioned that since more than 60 per cent of MMF textile manufacturers belong to the MSME segment, the CHAMPIONS portal initiative of the Government is a big positive initiative for the MMF textile segment as it is going to empower them immensely. Another plus point of the portal is that grievances registered by MSMEs either on the government’s Centralized Public Grievance Redress and Monitoring System (CPGRAMS) or any other portal of the MSME Ministry will be automatically pulled into the CHAMPIONS portal, Shri Ronak Rughani added.
The CHAMPIONS portal is a grievance registration and management system for the MSME units to deal with issues relating to finance, raw materials, labour, regulatory permissions etc. particularly in view of the COVID-19 impact faced by small businesses. The portal – champions.gov.in – will allow MSME associations, units, employees, and aspiring entrepreneurs, etc. to register their complaints, suggestions or seek information about policy initiatives taken specially to the MSMEs.
Since the CHAMPIONS portal is a technology packed management information system through ICT tools including telephone, internet, video conference, data analytics, machine learning, artificial intelligence enabled, etc., it will hugely help the India MSMEs segment to compete globally and establish their foothold across countries, Shri Ronak Rughani, Chairman SRTEPC stated. He also informed that this portal is the need of the hour to provide a handholding support to the MSME units who are grappling with challenges specially during this COVID – 19 pandemic. This portal will be an efficient mechanism for the units to have a real one-stop-shop solution with the MSME Ministry for solving their grievances, encouraging, supporting and helping. This portal will also facilitate Ease of Doing Business for the MSMEs Shri Ronak Rughani categorically stated.
Three basic objectives of the CHAMPIONS:
The details of the CHAMPIONS portal including the provision for Grievance Registration, Seek Guidance, etc are available in its dedicated website https://www.champions.gov.in
