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Company affairs logs in to e-governance

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Our Economy Bureau New Delhi
Last Updated : Jun 14 2013 | 5:03 PM IST
A major part of the ministry of company affairs' (MCA) Budget for 2006-07 is to be allocated for its e-governance programme "" MCA21.
 
According to the ministry's Outcome Budget 2006-07, Rs 66 crore of the Rs 85 crore Budget outlay for 2006-07 is earmarked for the project. Revision of the Companies Act, a key change sought to be introduced by the ministry, is at the drafting stage.
 
The Outcome Budget said a Bill for the new law was expected to be introduced in Parliament soon. MCA has also decided to own its office complexes at all major locations.
 
Rs 5 crore will be spent on the ministry's Investor Education and Protection Programme in 2006-07.

 
 

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First Published: Mar 22 2006 | 12:00 AM IST

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