PIB- MCA 21 Project – Achievements and Continuation

Posted: 12/12/2012 in News, PIB
Tags: ,

The Government is implementing an e-governance initiative called MCA 21 Project to ensure the efficiency of the core services regarding company affairs. Giving this information in written reply to a question in the Parliament, Shri Sachin Pilot, Minister of Corporate Affairs, said that MCA 21 Project is a major e-Governance initiative covering all aspects of incorporation and regulation of companies as defined under the Companies Act and Limited Liability Partnership (LLP) Act. The project is outcome based and focused on improving the quality of services to various stakeholders concerned with the corporate sector in the country.

Shri Pilot said that the introduction of MCA 21 has yielded remarkable results. In terms of efficiency, the project achieved speedy delivery of services and regulation of corporate compliances through the use of modern information technology. The project has been well appreciated for end-to-end electronic service delivery and authenticated electronic online filing using Digital Certificate based authorization. The existing contract with the operator for running this Project is concluding on 16.1.2013. The Ministry of Corporate Affairs has selected a replacement operator to continue the MCA21 services and implement the next version of the MCA21 with improved business processes, application enhancements and additional infrastructure (network connectivity) along with coverage of additional offices like Official Liquidators. Shri Pilot informed Parliament that the continuation cycle project is for eight and a half years from January, 2013 to July, 2021 with a financial outlay of Rs.357.81 crore to be met from the non-plan head.

Source: Press Information Bureau.

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