CHAMPIONS! What is CHAMPIONS and Why the Ministry of MSME wants your business to be a CHAMPION?

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Champions! What Is CHAMPIONS And Why The Ministry
Of MSME Wants Your Business To Be A CHAMPION?
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The Ministry of MSME, through various its
programmes has been trying to facilitate and push
the strength of MSMEs in India. The ministry
believes our nations strength is not in how much
foreign companies invest in us, but how much our
own businesses grow to become International
players. For any country's economic growth it is
vital to understand how its businesses are
growing and what support can be provided to them
to grow even stronger at a rapid rate. These
strong businesses will attract foreign investment
as well as foreign clients eventually and also
play a key part in reducing the dependability of
the domestic customer on foreign businesses.
After all, if the Indian rupee stays in the
country it is only the country that will benefit
eventually.
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To facilitate this cause the ministry of MSME has
come up with a new initiative called as
CHAMPIONS. The full form reads as
follows Creation and Harmonious Application
of Modern Processes for Increasing the Output
and National Strength The ministry has felt is
necessary to promote and facilitate a unified,
empowered, bundled, robust and technology driven
platform for helping the Micro, Small Medium
Enterprises of the nation. For this very own
purpose the new system of CHAMPIONS has been
introduced. The main purpose of this new system
is to help the smaller units become big by
helping them in any way possible mainly to
resolve their problems and grievances.
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CHAMPIONS comes with three major objectives To
become of assistance to the MSMEs in this
difficult situation with regards to finance, raw
materials, permissions, labour shortages, etc. To
help MSMEs capture new opportunities in
manufacturing services sectors. To identify
the MSMEs which really have a spark in them and
are going that extra mile in these difficult
times. These sparks can become National
International Champions if assisted in the right
way.
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In order to achieve its objectives the ministry
of MSME has launched a dedicated web portal
having its address as www.champions.gov.in All
MSMEs need to obtain their Udyam
Registration before they can avail any services
enlisted on this CHAMPIONS portal. MSMEs can
avail range of assistance from the Ministry
through this portal. MSMEs can submit their
grievance, make complaints regarding delayed
payments, submit their ideas, view status of
their existing requests, view current existing
schemes for them, apply for Covid-19 reliefs and
avail many more benefits which can help them in
becoming a CHAMPION MSME.
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Staying up-to-date with the Ministry's effort
will only result in gains for any business in
India. Ignoring them will not make the business
loose anything but will keep them away from a lot
of benefits their own competitors might be
enjoying for themselves. Why stay away from free
ESOPs from the Government when you can avail them
at the tip of your fingers through the CHAMPIONS
portal. Don't wait and get started by getting
your Udyam Registration and register your MSME on
the CHAMPIONS portal as soon as possible.