Ministry of Electronics and Information Technology (MeitY) has unveiled Entity Locker, a secure, cloud-based document management platform developed by the National eGovernance Division (NeGD). This innovative solution is set to revolutionize business document storage, sharing, and verification by offering real-time access, 10 GB of secure cloud storage, and digital signature authentication.
As a key component of India’s Digital Public Infrastructure, Entity Locker aligns with the Union Budget 2024-25’s vision for enhanced digital governance and the ease of doing business. The platform is expected to minimize administrative overhead, speed up processes, and improve operational efficiency across industries.
Entity Locker is designed to cater to a broad spectrum of businesses, including:
- Corporations and large enterprises
- Micro, Small, and Medium Enterprises (MSMEs)
- Startups and trusts
- Societies and NGOs
By integrating seamlessly with government and regulatory systems, the platform provides businesses with a centralized and secure environment for managing critical documents.
Key Features of Entity Locker
- Real-time access and verification: Direct integration with government databases for instant document validation.
- Consent-based sharing: Secure mechanisms to share documents with stakeholders.
- Role-based access: Aadhaar-authenticated access to ensure accountability.
- 10 GB of encrypted cloud storage: Secure, scalable, and efficient document storage for businesses.
- Legally valid digital signatures: Enhancing document authentication and compliance.
With built-in automation and compliance features, Entity Locker eliminates common operational bottlenecks faced by businesses. Some of its key benefits include:
- Faster document verification and approvals
- Reduced regulatory burden through automated compliance checks
- Improved transparency with audit trails for all activities
- Simplified collaboration with partners, regulators, and financial institutions
Entity Locker integrates with major government platforms, including:
- Ministry of Corporate Affairs (MCA)
- Goods and Services Tax Network (GSTN)
- Directorate General of Foreign Trade (DGFT)
- Procurement and tendering systems
This connectivity streamlines compliance and regulatory processes, ensuring businesses can efficiently manage document-heavy transactions.
The platform offers tangible benefits for various business functions, such as:
- Vendor verification in procurement and trade portals.
- Expedited MSME loan applications by providing instant financial documentation.
- FSSAI compliance for food businesses.
- GSTN and MCA registrations with minimal paperwork.
- Corporate annual filings for regulatory reporting.
Senior officials at MeitY emphasize that Entity Locker is not just a digital tool—it is a strategic initiative to boost productivity, reduce compliance friction, and unlock new growth opportunities. By addressing longstanding inefficiencies in document management, the platform empowers businesses to focus on innovation and expansion rather than administrative hurdles.
As a flagship initiative under Digital India, Entity Locker represents a significant leap towards a digitally empowered economy. Its phased rollout will include further enhancements and integrations, bringing more stakeholders into the digital governance framework.
Businesses, financial institutions, and regulators are encouraged to adopt Entity Locker to enhance efficiency, security, and compliance.
