MCA21 Version 3.0 to be Launched

The Ministry of Corporate Affairs (MCA) will launch the data
analytics-driven MCA21 Version 3.0 by October 2021 in the financial year
2021-22.

1)The MCA21 Version 3.0 system is the Mission Mode e-Governance project
of India.
2)The Ministry of Corporate Affairs highlights that the project will
comprise of the additional modules for e-Adjudication, e-Consultation,
and Compliance Management.
3)It is a technology-driven project that will be launched with the aim
of,
i) Promoting Ease of Doing Business,
ii) Strengthening the enforcement,
iii) Facilitating the seamless integration and
iv) Exchanging the data among the regulators and
v) Enhancing the user experience.
4)Project will also comprise of the Micro-services architecture along
with high scalability and capabilities for advanced analytics.
5)The MCA21 V3 project further aims to transform the corporate
regulatory environment in India.
6)Project is aided by the latest technologies such as Artificial
Intelligence.
7)Major components of the projects include e-scrutiny, e-adjudication,
MCA Lab, e-Consultation and Compliance Management System (CMS).
8)This project will be operated by L&T InfoTech.
9)It will also comprise of the interactive user dashboards, chatbot
enabled helpdesk and the mobile apps.

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