Economic Intelligence Council-
In view of linkages being developed in recent times between economic offences and threats to national security, the Government constituted Economic Intelligence Council (EIC) under the chairmanship of Finance Minister in the year 1990 to facilitate coordination amongst the enforcement agencies dealing with economic offences. The mandate of the EIC is to combat economic offences through intelligence gathering on issues relating to economic security, provide inter-agency coordination and deal with economic offences in an effective manner.
The EIC has the following Constitution:
- Finance Minister - Chairman
- Minister of State (Revenue) - Vice Chairman
Members:
- Governor, Reserve Bank of India
- Finance Secretary/Secretary, Department of Economic Affairs
- Home Secretary
- Revenue Secretary
- Secretary, Department of Company Affairs
- Secretary, Financial Sector, Department of Economic Affairs
- Secretary, National Security Council Secretariat
- Chairman, Securities & Exchange Board of India
- Chairman, Central Board of Direct Taxes
- Chairman, Central Board of Indirect Taxes & Customs
- Director General, Central Economic Intelligence Bureau
- Director General, Narcotics Control Bureau
- Director General, Directorate General of Revenue Intelligence
- Director General, Directorate General of Goods & Service Tax Intelligence
- Additional Secretary, Department of Revenue
- Director, Directorate of Enforcement
- Director General, Directorate General of Foreign Trade, Ministry of Commerce
- Director, Financial Intelligence Unit-India
Special Invitees:
- Secretary, Ministry of External Affairs
- Secretary, R&AW
- Director, Intelligence Bureau
- Director, Central Bureau of Investigation
- Director General, Border Security Force
The EIC may also invite any other official or person whose views/participation is considered beneficial for the furtherance of its objectives.
The EIC would be serviced by the Secretariat of the CEIB and the Director General, CEIB acts as the Member Secretary of the EIC.