NeGD, NeSL Ink Pact To Boost Digital Document Management
ECONOMY & POLICY

NeGD, NeSL Ink Pact To Boost Digital Document Management

The National e-Governance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY) and the National E-Governance Services Limited (NeSL), an Information Utility regulated by the Insolvency and Bankruptcy Board of India (IBBI), have signed a Memorandum of Understanding (MoU) to strengthen digital document management for businesses and government entities.
The MoU was formalised at the Global Fintech Fest 2025 in the presence of Shri J. L. Gupta, Director, NeGD, and Shri Debajyoti Ray Chaudhuri, Managing Director and CEO of NeSL.
Through this collaboration, NeGD’s Entity Locker—a cloud-based document management platform and an extension of the DigiLocker initiative—will be integrated with NeSL’s Digital Document Execution (DDE) platform. The DDE platform enables secure, paperless execution of contracts, including electronic bank guarantees (e-BGs) that are legally enforceable in digital form.
This integration will allow beneficiaries and applicants of e-BGs to directly access digitally executed bank guarantees from NeSL’s repository via their Entity Locker accounts. The move is expected to streamline workflows, enhance transparency, and strengthen legal compliance, aligning with India’s goal of advancing digital governance and ease of doing business.

Key benefits of NeSL’s e-BG system include:
  • Fully secure and tamper-proof documentation.
  • Faster processing—completed within minutes instead of days.
  • Digital management of the full lifecycle, including issuance, renewal, and invocation.
  • Paperless, environment-friendly process.
  • Easy verification through a central digital repository.

Both organisations reaffirmed their commitment to data privacy and security, ensuring compliance with the Insolvency and Bankruptcy Code, 2016, and other applicable data protection regulations. The partnership also enables the secure exchange of financial information while maintaining confidentiality and legal integrity.

This alliance lays the groundwork for future innovations in digital governance, improving government-to-business (G2B) and business-to-business (B2B) digital interactions across India.

Speaking on the partnership, Shri J. L. Gupta said, “We expect more such collaborations with NeSL in the future. Through NeSL’s e-stamp paper service, users can procure e-stamps and sign contracts digitally in real time, ensuring a seamless, paperless, and legally valid process.”

Shri Debajyoti Ray Chaudhuri added, “NeSL’s e-BG resolves the challenges of traditional paper-based guarantees. It is accessible, affordable, and efficient. This collaboration with MeitY marks a major milestone, especially for MSMEs, who can now access their e-BGs and related services through Entity Locker.”

The National e-Governance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY) and the National E-Governance Services Limited (NeSL), an Information Utility regulated by the Insolvency and Bankruptcy Board of India (IBBI), have signed a Memorandum of Understanding (MoU) to strengthen digital document management for businesses and government entities.The MoU was formalised at the Global Fintech Fest 2025 in the presence of Shri J. L. Gupta, Director, NeGD, and Shri Debajyoti Ray Chaudhuri, Managing Director and CEO of NeSL.Through this collaboration, NeGD’s Entity Locker—a cloud-based document management platform and an extension of the DigiLocker initiative—will be integrated with NeSL’s Digital Document Execution (DDE) platform. The DDE platform enables secure, paperless execution of contracts, including electronic bank guarantees (e-BGs) that are legally enforceable in digital form.This integration will allow beneficiaries and applicants of e-BGs to directly access digitally executed bank guarantees from NeSL’s repository via their Entity Locker accounts. The move is expected to streamline workflows, enhance transparency, and strengthen legal compliance, aligning with India’s goal of advancing digital governance and ease of doing business.Key benefits of NeSL’s e-BG system include:Fully secure and tamper-proof documentation.Faster processing—completed within minutes instead of days.Digital management of the full lifecycle, including issuance, renewal, and invocation.Paperless, environment-friendly process.Easy verification through a central digital repository.Both organisations reaffirmed their commitment to data privacy and security, ensuring compliance with the Insolvency and Bankruptcy Code, 2016, and other applicable data protection regulations. The partnership also enables the secure exchange of financial information while maintaining confidentiality and legal integrity.This alliance lays the groundwork for future innovations in digital governance, improving government-to-business (G2B) and business-to-business (B2B) digital interactions across India.Speaking on the partnership, Shri J. L. Gupta said, “We expect more such collaborations with NeSL in the future. Through NeSL’s e-stamp paper service, users can procure e-stamps and sign contracts digitally in real time, ensuring a seamless, paperless, and legally valid process.”Shri Debajyoti Ray Chaudhuri added, “NeSL’s e-BG resolves the challenges of traditional paper-based guarantees. It is accessible, affordable, and efficient. This collaboration with MeitY marks a major milestone, especially for MSMEs, who can now access their e-BGs and related services through Entity Locker.”

Next Story
Infrastructure Energy

Queensland, Australia Backs METS Delegation for India’s Flagship Mining Expo – IME 2025

Trade and Investment Queensland (TIQ) — the Queensland Government’s global business agency — is leading a high-level delegation of mining equipment, technology and services (METS) companies to the International Mining, Equipment & Minerals Exhibition (IME) 2025, being held in Kolkata from October 30 to November 2.The delegation highlights Queensland, Australia’s world-class mining expertise across digital innovation, mine safety, critical-minerals technology, and sustainable mining solutions — aligning with India’s rapid transformation of its mining and resources sector to supp..

Next Story
Infrastructure Urban

ABB India Expands Local Production with New Line for Energy-Efficient Drives

ABB India has announced the expansion of its local manufacturing footprint with the launch of a new production line for variable speed drive (VSD) modules at its Peenya facility in Bengaluru. The new line enhances ABB’s local production capacity for drives by around 25 per cent, supporting the Government of India’s ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives.Equipped with state-of-the-art automation and digital monitoring technologies, the new line is designed to meet the rising demand for energy-efficient and high-performance drives across industries such as buildings, da..

Next Story
Infrastructure Urban

Aimtron Secures International IoT Order Worth $3.9 Million

Aimtron Electronics, one of India’s fastest-growing Electronics System Design and Manufacturing (ESDM) companies, has announced that it has secured a major international IoT order worth $3.946 million (approximately Rs 340.69 million) from a leading global client. The contract involves the manufacture and export of 200,000 IoT devices over the next 12 to 15 months.This order marks a significant milestone in Aimtron’s global expansion, underscoring its capability to deliver complete box-build IoT solutions that meet international quality standards. The deal is expected to strengthen the com..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?