Govt. to Study MCA Data System to Improve Decision Making

The government is going to study how well it uses company information.

They want to understand if a system called CDM, which takes company filings and turns them into useful data, is working well.

CDM helps the government make better decisions and helps researchers.

A third party will talk to officials, look at the budget, and see if the system could make money.

This CDM system started in 2016 to turn all the paper filings into usable data for analysis and to improve government operations.

The goal is to ensure the data collected can be used effectively and is also shared with other government agencies.