Champions 2.0 Portal

June 28, 2023

GS Paper III Indian Economy

Context:

The Ministry of Micro, Small and Medium Enterprises (MSME) launched the Champions 2.0 Portal and accompanying mobile application on 27 June, the International MSME Day.

About Champions 2.0 Portal:

It is designed to address the challenges faced by MSMEs in managing their cluster projects efficiently.
The portal aims to provide support to MSMEs in a more inclusive and user-friendly manner, as it will be available in 11 languages, including Hindi, Assamese, Gujarati, Bengali, and Kannada.
It offers a real-time feedback feature for user
Geo tagging through the mobile application will enable real-time monitoring, tracking, and evaluation of projects, ensuring transparency and effective resource utilisation.

Other initiative launched:

MSME Idea Hackathon 3.0: The hackathon aims to encourage women innovators and women-owned MSMEs to contribute ideas across various sectors such as agriculture, healthcare, power, and services.

Additional Information:

About Champions Portal:

It is a platform for resolution, redressal and remedies provided by the Ministry of Micro, Small and Medium Enterprises.
Objectives:
1. Ensuring a speedy, convenient, and effective redressal of MSMEs grievances.
2. Handholding and helping MSMEs in their navigation of various government schemes/policies.
3. Providing guidance and advisory services in areas of Finance, Marketing, Technology, Raw Material, Labour, Infrastructure and Capacity Building.
4. Connecting MSMEs with key officials of the Ministry, State Governments, Lending Institutions and Government agencies.
5. Dissemination of information and details of all schemes of the Ministry of MSME.