Economic Intelligence Council

Economic Intelligence Council
Indian Intelligence Community
Emblem of the Ministry of Finance
Agency overview
JurisdictionGovernment of India
Headquarters
EmployeesClassified
Annual budgetClassified
Minister responsible
Parent agency
Central Economic Intelligence Bureau (CEIB)
Websiteceib.gov.in/economic-intelligence-council-eic

The Economic Intelligence Council is the apex forum overseeing government agencies responsible for economic intelligence and combating economic offences in India. The council is also the apex of 18 regional economic intelligence committees, and is part of the Union Ministry of Finance. It was formed in 1990.

Functions

The Economic Intelligence Council is responsible for coordination, strategy and information-sharing amongst the government agencies responsible for intelligence and control of economic offences such as smuggling, money laundering tax evasion and fraud. The council also advises the Finance Minister and the Union Council of Ministers on laws regulating the financial sector and fighting economic crimes.

Members

Union Finance Minister Smt. Nirmala Sitharaman chaired the Economic Intelligence Council meeting, organised by Central Economic Intelligence Bureau in New Delhi in October 2023

Regional committees

Under the Economic Intelligence Council are 30 Regional Economic Intelligence Committee (India). The committees are constituted of a wide range of agencies and officials responsible for the designated regions.

References

  1. 1 2 3 4 "Economic Intelligence Council". National Informatics Centre. Archived from the original on 12 September 2011. Retrieved 18 July 2009.
  2. 1 2 "Central Economic Intelligence Bureau – Ministry of Finance" (PDF). Ministry of Finance. Archived from the original (PDF) on 16 July 2011. Retrieved 18 July 2009. {{cite journal}}: Cite journal requires |journal= (help)