Committee to Review the Role, Functioning and Structure of CEIB Constituted

The President of India has sanctioned the constitution of a Committee with the following composition to review the role, functioning and structure of the Central Economic Intelligence Bureau (CEIB) in the changed economic scenario:

i. Shri S. S. Khan Retired Member, Central Board of Direct Taxes (CBDT)

ii. Ms Vijay Lakshmi Sharma Member, Central Board of Excise and Customs (CBEC)

iii. Dr. Kewal Ram, Senior Economic Advisor Department. of Consumer Affairs

iv. Deputy Director General (CEIB) Member (Secretary) to the Committee

The Secretariat services to the Committee will be provided by Central Economic Intelligence Bureau (CEIB) which is a nodal point in the Ministry of Finance for collection and dissemination of information to the various Intelligence Organizations.

The Committee will have the following terms of reference: –

a. To study the existing structure of CEIB and make recommendations on measures –

(i) To streamline and strengthen the existing financial intelligence gathering and its dissemination.

(ii) For effective coordination amongst the intelligence Organizations in the Ministry of Finance and with Intelligence Organizations of the Government of India.

b. To identify relevant commercial databases for business intelligence analysis by CEIB

c. To suggest structural linkages between CEIB and FIU-IND

d. To prepare a roadmap for CEIB to work in line with the best global practices.

e. Any other related issues.

The Committee will furnish its Report to the Government of India within two months of its constitution.

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February 2024