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Centre introduces 'Entity Locker' for smooth business document management

IANS January 20, 2025 304 views

The Indian government has launched Entity Locker, an innovative digital platform designed to revolutionize how businesses manage and verify documents. This cutting-edge solution offers secure, cloud-based storage with seamless integration across multiple government systems and regulatory institutions. By providing Aadhaar-authenticated access and 10 GB of encrypted storage, Entity Locker aims to streamline administrative processes and enhance operational efficiency. The platform represents a significant step towards India's digital transformation and ease of doing business.

"Entity Locker is a critical component of India's Digital Public Infrastructure" - National eGovernance Division
New Delhi, Jan 20: After the success of DigiLocker for citizens, the government on Monday launched 'Entity Locker', a cutting-edge digital platform designed to transform the management and verification of business and organisation documents.

Key Points

1

Secure cloud-based platform for business document management

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Integrated with government regulatory systems

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Aadhaar-authenticated access control

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Supports multiple business use cases

National eGovernance Division (NeGD), under the Ministry of Electronics and Information Technology (MeitY), has developed the secure, cloud-based solution that simplifies the storage, sharing, and verification of documents for a wide range of entities, including large organisations, corporations, micro, small, and medium Enterprises (MSMEs), trusts, startups and societies.

Entity Locker is built on a robust technological framework that integrates with multiple government and regulatory systems, offering real-time access and verification of documents through integration with government databases; consent-based mechanisms for secure sharing of sensitive information; Aadhaar-authenticated role-based access management to ensure accountability; 10 GB of encrypted cloud storage for secure document management; legally valid digital signatures for authenticating documents.

The platform is a critical component of India's Digital Public Infrastructure (DPI), aligning with the vision of the Union Budget 2024-25 for enhanced digital governance and ease of doing business.

By consolidating these features, the platform aims to minimize administrative overhead, reduce processing times, and enhance operational efficiency for businesses, said the ministry.

Entity Locker's seamless integration with systems such as the Ministry of Corporate Affairs, the Goods and Services Tax Network (GSTN), the Directorate General of Foreign Trade (DGFT) and other regulatory institutions provides businesses instant access to critical documents.

It streamlines document sharing and access with partners and stakeholders, ensures accountability by tracking all document-related activities, consolidates storage and security to reduce administrative overhead and minimises document processing times and operational bottlenecks.

The platform supports various use cases, including vendor verification on the procurement portal; expedited loan applications for MSMEs; FSSAI compliance documentation; vendor verification during registration in GSTN, MCA and tendering process; and streamlined corporate annual filings.

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