Govt to conduct study of MCA21 system to improve corporate data mining

The ministry of corporate affairs (MCA) is inviting proposals to conduct a third-party study of its Corporate Data Management (CDM) scheme, which converts company filings on the MCA21 portal into a tool for policymaking, regulation and research. The study will assess the scheme’s effectiveness, relevance, impact, and user satisfaction, while also analysing its security and access control mechanisms.

Evaluating the scheme’s impact

Experts said the request for proposal (RFP) would evaluate the scheme’s impact, identify operational and strategic gaps, and recommend measures for its long-term sustainability.