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MCA 21 DATABASE
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...- MCA seeks proposals for review of corporate data management schemeThe corporate affairs ministry is seeking a third-party evaluation of its Corporate Data Management Scheme, established in FY16 to transfor...
- MCA planning to intensify drive against shell companiesThe latest decision of Ministry of Corporate Affairs would complement the ongoing drives by the taxman and the Enforcement Directorate agai...
- Ministry of Corporate Affairs invites proposals for research into corporate governance using MCA-21 repositoryThe ministry has invited proposals for funding up to Rs 50 lakh for research in various topics from integration of the MCA-21 database with...
- Government launches new GDP series to align with global methodIssues linked back-series of growth nos. from 1950-51 to 2003-04, with 2011-12 as base year.
- Govt plans introducing artificial intelligence system in MCA 21 portalMCA 21 is the electronic backbone for dissemination of information to all stakeholders, including the regulator, corporates and investors.
- Extent of overestimation of GDP marginal: Govt over NSSO controversyNSSO said 38.7% of cos in the MCA-21 database used in the study were either missing or wrongly classified.
- Economic census 2019 to include geotagged data of business enterprisesThe geotagging is expected to help weed out the shell companies and thereby improve data quality.
- Corporate affairs ministry database fairly reliable, not a black box: OfficialFilings under the Companies Act are submitted to the corporate affairs ministry through the MCA 21 system.
- No impact of MCA-21 irregularities on GDP, adjustments made, says governmentThe National Sample Survey technical report on services sector enterprises in India was released last week.
- NSSO bomb shatters the calm on GDP front, new series data now under darker cloudAs per NSSO's explosive revelation, key data used to compute GDP under the new method were dodgy.
- Government to upgrade MCA21 system; seeks applications from service providersThe MCA21 system, which comes under the corporate affairs ministry, was started in 2006 and currently, the second version is operational.
- Government seeks RBI help to gather data for addressing doubt over new GDP"The back series would at least capture India’s new phase of growth and transition which began in 2004-05,” said CRISIL chief economist DK ...
- CSO counters criticism on GDP numbersAccording to the article, the final report had shown inflated numbers. India recently revamped the way it processes economic data.
- Central statistics office Stands by its GDP numbers in the face of new criticismR Nagaraj, a professor at IGIDR has questioned the corp sector data, pointing to a big difference in the estimates of draft and final repor...
- Government gears up for data mining of corporate informationThe ministry's proposal, which has been in the works for quite some time, would be implemented over the next two years.
- Government to start work on corporate data management project soonThe scheme, to be implemented by the Corporate Affairs Ministry, would also benefit various stakeholders including investors and regulators.
- Gross domestic product data all set to be updated by 2015The overhaul of the GDP is expected to expand the size of the Indian economy, due to broadening of coverage of unorganised sectors.
- Govt to scan RoC data for writing corporate policyThe government will sift through the financial data filed by companies with the Registrar of Companies to get a better picture of their inv...
- Over three lakh filings under MCA-21, directors dbase nextIndia Inc had filed about 3 lakh balance sheets and annual returns electronically by December 2006, through MCA 21, the e-governance projec...
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