As Coronavirus has made the economy stumble and the markets are going bearish, Prime Minister of India, Narendra Modi is injecting new plans to bring the country back to its normal growth rate.
The hard-hit Micro, Small and Medium Enterprise (MSME) are definitely looking forward to a huge step from the government in terms of financial support to stay fueled.
In order to pacify the enterprise, PM has now launched a new technology platform called ‘Creation and Harmonious Application of Modern Processes’ for Increasing the Output and National Strength, in shorts ‘CHAMPIONS’.
The ICT based system focuses on solving the miseries of small companies and helps them in establishing a foothold in the market. The system is enabled with Artificial Intelligence, Machine Learning and Data Analytics which will resolve the problems of MSMEs by looking over their finances and other units involved in the production line and also guide through the new opportunities to help the MSMEs fight the current scenario.
Launched the portal, https://t.co/ZdLkL1rwK5
This is a one stop place for MSME sector. The focus areas are support & hand-holding, grievance redressal, harnessing entrepreneurial talent and discovering new business opportunities. https://t.co/diLjzKeRY5 pic.twitter.com/d9t8XGJcxT
— Narendra Modi (@narendramodi) June 1, 2020
On a global level, It’s a moment of celebration for the United Kingdom as it’s the first week of June which is usually denoted as the ‘Volunteers Week’ where the country shows its gratitude to the unsung heroes.
As COVID-19 has enveloped the entire world, the Duchess of Cornwall, Camilla, as the President of the Royal Services shared a video thanking the Volunteers and NHS workers who are at the forefront fighting the deadly infection.
In the long note of the Royal House, the Duchess also stated, “The NHS Volunteer Responders scheme is being delivered by the Royal Voluntary Service, who have continued to provide their regular voluntary activity. Over 250,000 tasks have already been completed, with 98% of requests being met within 24hrs.” and showed pride in her countrymen.