Business EconomyPosted at: Oct 8 2025 5:00PM


NeGD and NeSL sign MoU to enhance digital document management and execution

New Delhi, Oct 8 (UNI) The National e-Governance Division (NeGD) and National E-Governance Services Limited (NeSL) have entered into a landmark Memorandum of Understanding (MoU) to enhance and integrate digital document management for businesses and government entities, an official statement said today.
With the help of this collaboration, NeGD's cloud-based document management platform, Entity Locker--an extension of the DigiLocker initiative aimed at streamlining document issuance, storage, sharing and verification will integrate with NeSL's Digital Document Extension (DDE) platform.
NeSL's DDE platform is a pioneering solution facilitating digital, paperless and secure execution of contracts, including electronic bank guarantees (e-BGs), which are legally enforceable in a digital platform.
This MoU enables the beneficiaries and applicants of e-BGs to securely fetch and access digitally executed bank guarantees from NeSL's eBG repository directly into their respective Entity Locker accounts. This integration will foster faster, more transparent and legally compliant digital workflows supporting India's vision of digital accelerated governance and ease of doing business.
Debajyoti Ray Chaudhuri, MD and CEO of NeSL, said, " NeSL's e-BG addresses all the challenges in the traditional physical BGs. It is also easily accessible and affordable. The MoU with MeitY is a significant milestone as it would help users of our eBGs, like the MSMEs, who can now access an entire bouquet of services, including access to their eBGs through Entity Locker."
Moreover, benefits of NeSL e-BG include:- (i) Fully secure and tamper proof document (ii) Faster turnaround of a few minutes compared to few days in respect of physical BGs (iii) Issuance and all life cycle events like renewal, invocation etc happen through digital mode (iv) Paperless and hence environment friendly (v) Easily verifiable through central repository.
Now, both NeGD and NeSL reaffirm their commitment to data security and confidentiality, the statement added.
The partnership includes provisions for secure sharing of financial institutions and strict adherence to applicable laws, including the Insolvency and Bankruptcy Code 2016, and compliance with data privacy regulations. This alliance also establishes the foundation for future associations and innovations in the digital solution space, further enhancing the efficiency of government-to-business and business-to-business digital interactions.
The National e-Governance Division (NeGD) is an independent business division under Digital India Corporation and MeitY, and is responsible for supporting the implementation of e-governance programs across central and state governments.
National E-Governance Services Ltd (NeSL) is an Information Utility (IU), regulated by the Insolvency and Bankruptcy Board of India (IBBI) under the provisions of the Insolvency and Bankruptcy Code, 2016.
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