Daily Current Affairs 2021 New MCA Website MCA21 Version 3.0 Launched | Daily Current Affairs 2021

New MCA Website MCA21 Version 3.0 Launched

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MCA21 Version 3.0 Launched

The Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur launched the first phase of Ministry of Corporate Affairs’ (MCA) MCA21 Version 3.0 (V3.0).

Key Points:

  • This MCA 21 version 3.0 (V3.0) is being implemented in two phases with the second and final phase likely to be launched in October 2021.
  • The entire project is proposed to be launched within this Financial Year and will be data analytics and machine learning-driven.
  • The first phase comprises of a revamped website, new email services for MCA Officers and two new modules, namely, e. Book and e. Consultation.

Background:

  • MCA21 version 3.0 was highlighted during budget 2021-2022. This project makes use of new technologies to streamline corporate compliance and experiences of stakeholders.

Aim:

The main aim of this Version is to:

  1. Promote Ease of Doing Business
  2. Facilitate seamless integration
  3. Strengthen the enforcement
  4. Exchange data among regulators
  5. Enhance user experience

About MCA21 V3.0:

  • The MCA21 V3.0 in its entirety will not only improve the existing services and modules, but will also create new functionalities like e-adjudication, compliance management system, advanced helpdesk, feedback services, user dashboards , self-reporting tools and revamped master data services.
  • MCA21 V3.0 is part of this year’s Budget announcement and will leverage the use of latest technologies to further streamline the Corporate Compliance and stakeholders experience.
  • MCA21 has been part of Mission Mode projects of the Government of India.
  • Bagging several accolades in past, the project has now reached its 3rd version.

About e-consultation module:

The e-consultation module will facilitate the following:

  • Virtual public consultation of proposed amendments and new legislations to be introduced by MCA from time to time.
  • Leverage Artificial intelligence for compiling, grouping and categorizing comments/inputs received from stakeholders and create analytical reports for quick policy decision making.
  • A new email service for officers of MCA will provide them with advanced features and capabilities for organized and managed communication with internal as well as external stakeholders.

About MCA21:

  • MCA21 is an online portal of corporate affairs ministry.
  • It was launched in 2006.
  • The portal has made all the information related to company, accessible to stakeholders and general public.

MCA21 Mission Mode Project:

  • This e-governance initiative was launched in 2002 by Ministry of Corporate Affairs, after facing the challenge of providing service to about 7.5 lakh corporate entities.
  • It is one among 31Mision Mode Projects of National e-Governance Plan.
  • Project is being implemented by Tata Consultancy Services under Build Own Operate and Transfer (BOOT) model.

About National e-Governance Plan (NeGP):

  • The National e-Governance Plan (NeGP) is an initiative of the Government of India to make all government services available to the citizens of India via electronic media.
  • NeGP was formulated by the Department of Electronics and Information Technology (DeitY) in collaboration with the Department of Administrative Reforms and Public Grievances (DARPG).
  • The Government approved the National e-Governance Plan, consisting of 27 “Mission Mode Projects” (MMPs) and 8 components, on 18 May 2006.

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