New Delhi, Sep 26 (ANI): Union Corporate Affairs Minister Dr. M. Veerappa Moily on Wednesday said that the second phase of the e-governance initiative of his ministry will see gradual replacement of desktops, printers and scanners.
According to Moily, the new features of MCA21 include replacement of existing desktops, printers and scanners as well as replacement of out-of-support servers and associated infrastructure. It will upgrade network connectivity.
Moily said this at a press conference organised on the recent Cabinet Committee on Economic Affairs approval of Continuation of MCA21 Project" - e-Governance, Computerization and Networking of Ministry of Corporate Affairs (MCA) and its field offices (MCA21 v2) here.
He further said the MCA21 is considered as one of the most successful mission mode project (MMP) having implemented many innovations viz. internet payments, credit card payment, electronic issuance of stamp paper (e-stamp), use of adobe e-forms, end-to-end electronic work flow and digital signature (DSC) based electronic filing.
He also informed that the Cabinet Committee on Economic Affairs approved continuation of MCA21 Project for its second cycle from January, 2013 to July, 2021 as a Non-Plan Scheme at a total project outlay of Rs.357.81 crore including an outlay of Rs.54.42 crore for independent project management and certification over eight and a half year period.
It also includes an outlay of Rs.29.84 crore for continuous improvement and up-gradation to the electronic service delivery of Ministry of Corporate Affairs.
The project will benefit all the companies and LLPs registered in India. In addition, the project benefits citizens through its IEPF sub-portal for investor awareness and disclosures.
Banks and financial institutions also benefit immensely from MCA21 as it acts as a repository of charge information on company/company's assets. MCA21 project has also benefited various state governments through innovative use of electronic stamps (e-stamp).
Dr. Moily also informed that the project will be continued as Public Private Partnership, with Service Level based Equated Quarterly payments to M/s Infosys.
IT major Infosys has bagged the contract for implementing the second cycle of the MCA21, designed to fully automate all processes related to enforcement and compliance of the legal requirements under the Companies Act. (ANI)
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