{"id":29556,"date":"2025-01-21T05:50:49","date_gmt":"2025-01-21T00:20:49","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=29556"},"modified":"2025-04-09T09:01:19","modified_gmt":"2025-04-09T03:31:19","slug":"entity-locker","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/entity-locker\/","title":{"rendered":"Entity Locker"},"content":{"rendered":"<h2><strong>About Entity Locker:<\/strong><\/h2>\n<ul>\n<li>It is a <strong>secure, cloud-based solution<\/strong> that simplifies the <strong>storage, sharing, and verification of documents for a wide range of entities,<\/strong> including large organisations, corporations, micro, small, and medium Enterprises (MSMEs), trusts, startups and societies.<\/li>\n<li>It is designed to transform the management and verification of business\/organisation documents.<\/li>\n<li>The platform is a critical component of India\u2019s <strong>Digital Public Infrastructure,<\/strong> aligning with the vision of the Union Budget 2024-25 for enhanced digital governance and ease of doing business.<\/li>\n<li>It is built on a robust technological framework that integrates with multiple government and regulatory systems,<\/li>\n<li>It offers:\n<ul>\n<li><strong>Real-time access and verification<\/strong> of documents through integration with government databases<\/li>\n<li><strong>Consent-based mechanisms<\/strong> for secure sharing of sensitive information<\/li>\n<li><strong>Aadhaar-authenticated<\/strong> role-based access management to ensure accountability<\/li>\n<li><strong>10 GB of encrypted cloud storage<\/strong> for secure document management<\/li>\n<li>Legally valid digital signatures for authenticating documents<\/li>\n<\/ul>\n<\/li>\n<li><strong>Benefits<\/strong>\n<ul>\n<li><strong>Streamlines document sharing<\/strong> and access with partners and stakeholders<\/li>\n<li>Built-in features <strong>simplify adherence to regulations<\/strong> and reporting requirements<\/li>\n<li><strong>Ensures accountability<\/strong> by tracking all document-related activities<\/li>\n<li><strong>Consolidates storage<\/strong> and security to reduce administrative overhead<\/li>\n<li><strong>Minimizes document processing<\/strong> times and operational bottlenecks<\/li>\n<li>Seamless integration with Government organisations<\/li>\n<\/ul>\n<\/li>\n<li>It provides seamless integration with systems such as the <strong>Ministry of Corporate Affairs, the Goods and Services Tax Network (GSTN), the Directorate General of Foreign Trade<\/strong> (DGFT) and other regulatory institutions that provides businesses instant access to critical documents.<\/li>\n<li>It supports various <strong>use cases, including:<\/strong> Vendor verification on the procurement portal, expedited loan applications for MSMEs, FSSAI compliance documentation, vendor verification during registration in GSTN, MCA and tendering process, streamlined corporate annual filings<\/li>\n<\/ul>\n<hr \/>\n<h3>Q1: What is the entity locker?<\/h3>\n<p>The entity-Locker is a secure online document storage and sharing platform for MSMEs, large businesses, society and charitable trusts.<\/p>\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2094574\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Entity Locker  is a secure, cloud-based solution that simplifies the storage, sharing, and verification of documents for a wide range of entities.<\/p>\n","protected":false},"author":5,"featured_media":29557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-29556","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/29556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=29556"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/29556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/29557"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=29556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=29556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=29556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}