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20/01/25 | 7:16 pm | DigiLocker | Entity Locker

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Centre launches ‘Entity Locker’ for efficient business document management

Building on the success of DigiLocker, the government has introduced ‘Entity Locker,’ a new digital platform aimed at streamlining the management and verification of business and organizational documents.

Developed by the National eGovernance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY), this secure, cloud-based platform caters to a diverse range of entities, including corporations, micro, small, and medium enterprises (MSMEs), trusts, startups, and societies.

Entity Locker leverages advanced technology to seamlessly integrate with various government and regulatory systems. Key features include real-time access to government databases, consent-based mechanisms for secure information sharing, Aadhaar-authenticated role-based access, and legally valid digital signatures. Users are also provided with 10 GB of encrypted cloud storage for secure document handling.

As part of India’s Digital Public Infrastructure (DPI), the platform aligns with the Union Budget 2024-25 goals of improving digital governance and facilitating ease of doing business. The Ministry of Electronics and Information Technology highlighted its potential to reduce administrative tasks, cut processing times, and boost operational efficiency for businesses.

Entity Locker connects seamlessly with systems like the Ministry of Corporate Affairs (MCA), the Goods and Services Tax Network (GSTN), and the Directorate General of Foreign Trade (DGFT), offering instant access to essential documents. It also ensures transparency and accountability by tracking document-related activities, enhancing document security, and eliminating processing delays.

The platform supports multiple applications, such as vendor verification on procurement portals, speeding up MSME loan approvals, facilitating FSSAI compliance, and streamlining registrations with GSTN, MCA, and tendering processes. Additionally, it simplifies corporate annual filings, ensuring a smoother process for businesses of all sizes.

-IANS

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Last Updated: 22nd Jan 2025