Daily Current Affairs : 21-January-2025

The Ministry of Electronics and Information Technology (MeitY) has recently introduced Entity Locker, a digital platform designed to simplify document management for businesses and organizations in India. This platform aims to make storing, sharing, and verifying business-related documents much easier and more secure.

What is Entity Locker?

Entity Locker is a cloud-based platform created by the National eGovernance Division (NeGD) under the guidance of MeitY. Its primary goal is to provide businesses, including startups, MSMEs, trusts, and societies, with a simple and secure way to manage their important documents. By offering secure storage and easy sharing features, it helps organizations maintain compliance while reducing administrative burdens.

The Purpose of Entity Locker

The platform is designed with the following objectives in mind:

  • Streamline business document management: Making the entire process more efficient.
  • Reduce administrative overhead: Reducing the time and effort needed for document handling.
  • Promote ease of doing business: Helping businesses comply with regulations and improve overall business efficiency.
Who Can Use Entity Locker?

Entity Locker caters to a wide range of organizations, including:

  • Large organizations
  • Micro, Small, and Medium Enterprises (MSMEs)
  • Startups
  • Trusts and Societies
  • Other business entities
Key Features of Entity Locker

Entity Locker offers a range of features that make it a reliable tool for businesses:

  • Real-Time Document Access: It integrates with government databases for instant verification of documents.
  • Secure Cloud Storage: The platform provides 10 GB of encrypted cloud storage for document management.
  • Consent-Based Sharing: Sensitive business data can be securely shared with partners and stakeholders, with full control over access.
  • Digital Signature Authentication: Documents can be legally authenticated with digital signatures.
  • Role-Based Access Management: Aadhaar-authenticated access ensures proper accountability for users.
  • Government Integration: The platform is linked with various government systems such as GSTN, MCA, and DGFT for seamless compliance processes.
Important Points
  • Entity Locker: A secure, cloud-based platform launched by MeitY for businesses in India.
  • Developed by: National eGovernance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY).
  • Target Audience: Large organizations, MSMEs, startups, trusts, societies, and other business entities.
  • Primary Purpose: To streamline document management, reduce administrative overhead, and improve ease of doing business.
Key Features:
  • Real-Time Document Access: Instant verification through government database integration.
  • Secure Cloud Storage: 10 GB of encrypted storage for document management.
  • Consent-Based Sharing: Secure sharing of sensitive data with stakeholders.
  • Digital Signature Authentication: Legally valid document authentication.
  • Role-Based Access Management: Aadhaar-authenticated access ensures accountability.
  • Government System Integration: Linked with GSTN, MCA, and DGFT for compliance processes.
  • Benefits: Simplifies document management, enhances security, and promotes smoother business operations.
Why In News

The Ministry of Electronics and Information Technology (MeitY) has launched Entity Locker, a digital platform aimed at streamlining document management for businesses and organizations in India, providing a secure and efficient solution to handle important documents while ensuring compliance with regulations.

MCQs about Entity Locker
  1. What is the main purpose of the Entity Locker platform launched by MeitY?
    A. To store personal data of citizens
    B. To streamline document management for businesses
    C. To help businesses with tax filing
    D. To improve government services for citizens
    Correct Answer: B. To streamline document management for businesses
    Explanation: Entity Locker is designed to simplify the storage, sharing, and verification of business documents for organizations in India, helping reduce administrative overhead and promoting ease of doing business.
  2. Which of the following features is provided by the Entity Locker platform?
    A. Unlimited cloud storage
    B. Real-time document access with government database integration
    C. Direct tax filing services
    D. Automated employee payroll management
    Correct Answer: B. Real-time document access with government database integration
    Explanation: One of the key features of Entity Locker is real-time document access, which integrates with government databases for instant verification of business documents.
  3. Who is the target audience for the Entity Locker platform?
    A. Only large organizations
    B. Only startups
    C. Large organizations, MSMEs, startups, trusts, and societies
    D. Only government agencies
    Correct Answer: C. Large organizations, MSMEs, startups, trusts, and societies
    Explanation: Entity Locker is designed for a wide range of entities, including large organizations, MSMEs, startups, trusts, societies, and other business entities.
  4. How does Entity Locker ensure document security and accountability?
    A. By using public cloud storage without encryption
    B. Through role-based access management with Aadhaar-authenticated access
    C. By providing only email-based document sharing
    D. Through anonymous document submission
    Correct Answer: B. Through role-based access management with Aadhaar-authenticated access
    Explanation: Entity Locker ensures security and accountability by offering role-based access management, which uses Aadhaar-authenticated access to ensure proper control over document handling.

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