• The MCA-21 glitches refer to the technical issues faced by companies in submitting their financial statements and annual returns online to the Ministry of Corporate Affairs.
• These glitches can have major implications on the Indian economy as it disrupts the smooth functioning of businesses and delays the filing of crucial financial data.
• The potential impacts of MCA-21 glitches include delayed decision making, loss of credibility of the ministry and Indian government, and negative impact on investor sentiment both within and outside India.
• The government's plan to tackle these glitches is to consult with practitioners and experts in the field and work towards implementing a more robust and efficient system to ensure smooth filing of documents by companies.
• Efforts are also being made to improve the existing infrastructure and make it more user-friendly so that businesses can easily file their financial statements and returns within the prescribed deadlines.

Overall, tackling these glitches and ensuring a smooth functioning of MCA-21 is essential for the growth and development of the Indian economy.