No. CT/8/0003/2024-Sec-1-05(CT)(08)

sdirer, feis 13 AN 2024 < g, ST Bhopal, the 13* March 2024 No. CT/8/0003/2024-Sec-1-05(CT)(08) : In exercise of the powers conferred by section 158A of the Madhya Pradesh Goods and Services Tax Act, 2017 (19 of 2017), the State Government, on the recommendations of the Council, hereby notifies “Public Tech Platform for Frictionless Credit” as the system with which information may be shared by the common portal based on consent under sub- section (2) of Section 158A of the Madhya Pradesh Goods and Services Tax Act, 2017 (19 of 2017). Explanation— For the purpose of this notification, “Public Tech Platform for Frictionless Credit” means an enterprise-grade open architecture information technology platform, conceptualized by the Reserve Bank of India as part of its “Statement on Developmental and Regulatory Policies” dated the 10™ August, 2023 and developed by its wholly owned subsidiary, Reserve Bank Innovation Hub, for the operations of a large ecosystem of credit, to ensure access of information from various data sources digitally and where the financial service providers and multiple data service providers converge on the platform using standard and protocol driven architecture, open and shared Application Programming Interface (API) framework. 2. This notification shall be deemed to have come into force with effect from the 22" Fe 4. 2 bruary, 202 By order and in the name of the Governor of Madhya Pradesh, VANDANA SHARMA, Dy. Secy.