CENTRAL ECONOMIC INTELLIGENCE BUREAU
The Central Economic Intelligence Bureau (CEIB) was set up in September 1985 for coordinating and strengthening the intelligence gathering activities and enforcement action by various agencies concerned with investigation into economic offences and enforcement of economic laws.
The Bureau was made responsible for maintaining liaison with the concerned Departments & Directorates both at the Central and State Government level and in addition was made responsible for the overall direction and control of the regulatory agencies functioning under the administrative control of the Ministry of Finance.
In order to streamline and strengthen the functioning of the CEIB and to enable it to concentrate on its two roles, with one wing functioning as the Secretariat for Economic Intelligence Council (EIC) and the other related to Economic Intelligence (ECOINT). The Charter of CEIB was revised in 2003.
As per the revised Charter the Bureau inter alia deals with examination of trends on intelligence and changing dynamics of economic offences and undertake analysis of economic activities at the macro level; CEIB receives intelligence reports, and after due analysis disseminates the same to competent authorities. The Bureau also acts as the nodal agency for cooperation and
coordination at international level with other international agencies in the area of economic offences; CEIB coordinates and supervises the functioning of Regional Economic Intelligence Committees (REICs) set up at 18 places across the country and implements the COFEPOSA Act.
The Bureau is headed by a Special Secretary and Director General who is assisted by two Deputy Director Generals, One Joint Secretary (COFEPOSA), five Assistant Director Generals, four Under Secretaries, one Senior Statistician, eight Senior Technical Officers, and other staff.
The Bureau has a sanctioned strength of 113 officers & staff who are drawn from the cadres of Indian Revenue Service (Income Tax and Customs & Central Excise), Central Secretariat Service, Central General Service, Indian Economic Service and Indian Police Service etc.
The main functions of the Bureau are :
- Act as the Secretariat for Economic Intelligence Council (EIC) by
- Providing all necessary support and assistance, including infrastructural support to the EIC in discharge of its functions.
- Organizing meetings at prescribed intervals
- Coordinating the progress of implementation of all decisions taken by the EIC.
- Act as nodal agency for ECOINT (Economic Intelligence) and ensure real time monitoring and effective interaction and coordination among the concerned regulatory agencies in the areas of economic offences. Intelligence having multi-agency ramification shall be communicated to other concerned agencies through the CEIB. Coordination among various agencies in such cases shall thereafter be done by the CEIB.
- To ensure prompt dissemination of intelligence having security implications among the NSCS and agencies under Ministry of Home Affairs and Cabinet Secretariat.
- Coordinate the functioning of Regional Economic Intelligence Councils (REICs).
- Coordination with multiAgencyCenter (MAC).
- Organize meetings of the Working Group under the chairmanship of Revenue Secretary at prescribed intervals and submit a report to the Chairman of the EIC after every meeting.
- Global Entry Program (GEP) : On behalf of Ministry of Finance, Bureau is the nodal agency for vetting of Global Entry Program (GEP) applications and providing clearance report to Ministry of External Affairs (MEA) accordingly.
Report to Public Sector Banks : CEIB Provides report on credentials of prospective borrowers (for credit facility / loan amount more than Rs. 50 Crores) as and when requires received from Public Sector Banks ( in terms of instructions issued by Department of Financial Services to Public Sector Banks).
Economic Intelligence Council
The Economic Intelligence Council (EIC) was reconstituted in 1997 to improve coordination among various agencies and departments under the Ministry of Finance in view of the linkage between economic offences and threats to national security; its mandate has been redefined. EIC has accordingly reconstituted under the chairmanship of the Finance Minister on 9th July, 2003. The constitution was partially modified on 21st February, 2005. As per the existing constitution the EIC is serviced by a Secretariat of CEIB and Special Secretary cum Director General, CEIB is the Member Secretary of the EIC.
The mandate of EIC includes various aspects of intelligence relating to economic security; involving a strategy for effective collection of such intelligence and its dissemination to identified user agencies and departments.
The EIC reviews measures to combat economic offences and formulate coordinated strategy of action by various enforcement agencies alongwith important cases involving inter-agency coordination and approved modalities for improving such coordination. It also considers and approves measures to strengthen the working of individual intelligence and enforcement agencies under the M/F and examines the changing dynamics of economic offences, including new modus operandi for such offences and approve measures for dealing with them effectively. It advises on amendments of laws and procedures for plugging loopholes in taking effective action against economic offenders. It considers and approves lists of annual tasks, including their periodical updating, for each of its agencies in consultation with all user Departments and agencies, including the Intelligence Bureau (IB) and Research and Analysis Wing (R&W) and direct its Secretariat to make available the task lists to the NSCS.
List of subjects :
All works relating the EIC, REICs, Working Group etc.
Global Entry Program (GEP)
Reports on prospective borrowers to Public Sector Banks.
EIC Secretariat.
Collection of statistical data, research and analysis.
News letter and Intelligence digest
Annual Report
Compendium of economic trends, offences and analysis.
Compiling the list of cases referred to REICs and further progress and final outcome of these cases.
Any other work allotted to it.
Administration Wing
List of subjects :
All works relating to establishment.
Parliament Matters.
Audit Paras.
Recruitment Rules relating to Deputation post
Reorganization of CEIB and Security matter
Coordination with Head Quarter (Revenue)
