NEW DELHI: The Ministry of MSME in a major initiative has onboarded latest IT tools of Artificial Intelligence(AI) and Machine Learning (ML) for providing assistance and solutions to the issues of Micro, Small, and Medium Enterprises (MSMEs). Ministry has implemented AI & ML on its robust Single Window System 'Champions' which was launched by the Prime Minister on 1st June, 2020. This multi-modal system has a portal at virtual level and technology equipped physical control rooms at around 
69 locations of the country. It has emerged as one of the front runner platforms for the MSMEs in a very short span of time.3
 
Ministry of MSME has taken Covid-19 as a challenge and is converting it into an opportunity with futuristic interventions. In this difficult period, Ministry is not only whole-heartedly supporting the MSMEs and trying to convert this crisis into an opportunity, but is in fact making them break their barriers, make a paradigm shift and become champions.
 
MSME Ministry further said that it is working aggressively to take the Nation and the MSMEs in the direction of Industry 4.0.  They are not only adopting the technologies categorized as part of Industry 4.0 but are also encouraging the MSMEs to adopt the same. They are also helping the MSMEs to manufacture its essential and enabling products like sensors, motors, computer displays and other animation technologies.
 
In this very sequence, as promised earlier, Ministry has implemented Artificial Intelligence (AI) and Machine Learning (ML) on their Champions portal. Technology Company Intel is their partner in this journey. Intel have guided the Ministry for last five months in implementing some of the tools of AI & ML which are ready for use from TODAY. Ministry has also said that Intel and its technology partner have implemented the entire domain of AI & ML at their Champions portal totally free of cost.
 
MSME Minister, Mr. Nitin Gadakari elaborated the work done by the Ministry in this direction during the AI Summit organized by Intel today.  He specially thanked Intel and its partner for doing this service to India Pro-Bono. He also said that the entire concept and scope analysis and design has been done inhouse in the Ministry with the help of NIC and under guidance of local team of Intel. He complimented these teams wholeheartedly.
 
About AI:
• AI is the idea of making machines capable of thinking, acting, and learning like humans.
• It has an ability to enable machines to Learn, Adapt & Do which “Rule-based (MIS) Automations” cannot.
AI & ML analytics can be seen at the “AI Corner” at following link on Ministry’s champions portal.
https://champions.gov.in/msme_grievances/news_opinion/analytics.htm

Source: dst.news