leveraging ai ml
Leveraging AI/ML, new version of MCA21 to be launched on Monday
A data analytics driven version of MCA21, which was India's first mission mode e-governance project, will be launched on Monday. This version MCA21 V 3.0 is expected to strengthen enforcement, promote ease of doing business, improve user experience and facilitate seamless integration and data exchange among regulators. MCA 21 is the online portal of Corporate Affairs Ministry (MCA) that has made all company-related information accessible to various stakeholders and general public. It was initially launched in 2006. While presenting the Budget for 2021-22, Union Finance Minister and Corporate Affairs Minister Nirmala Sitharaman had said that the government will use data analytics, artificial intelligence, machine learning to launch MCA 21 3.0, which will add the facility of e-scrutiny, e-consultation, e-adjudication and compliance management among others.