Topic Details (Notes format)

MCA21: Digital Transformation in Corporate Affairs

Subject: Current Affairs

Description

The MCA21 initiative, a digital transformation project of the Ministry of Corporate Affairs, saw further enhancements in 2023. Details: The portal now offers real-time data and streamlined compliance processes for companies. Previous UPSC Q (2018): "What impact does MCA21 have on corporate governance in India?"

Summary

MCA21 digital platform improves corporate transparency and compliance.