5 lakh cyber warriors to bolster India's e-defence

October 16, 2012

Virtual_War

New Delhi, October 16: Recognizing the threat of cyber attacks from a host of hostile entities — ranging from domestic saboteurs to foreign rivals — a new initiative intends to train five lakh cyber warriors in the next five years to meet a critical gap in India's defences.

A government-private sector plan will look at beefing up India's cyber security capabilities in the light of a group of experts reckoning that India faces a 4.7 lakh shortfall of such experts despite the country's reputation of being a IT and software powerhouse.

Efforts to draw a strategic plan for India, being overseen by National Security Advisor ( NSA) Shivshankar Menon, may need to be speeded up as India lags the research and planning leading western and Asian nations have already undertaken.

Cyber warfare has emerged a top threat to national security with India's systems subjected to an increasing number - and more sophisticated — cyber attacks. India faced a severe test during the 2010 Commonwealth Games when cyber attacks from Pakistan and China sought to damage information systems.

Most of the attacks India deals with originate from countries like the US, China, Russia, a few east European countries and Iran. Chinese hackers have targeted a large number of institutions, even stealing data from schools run by the armed forces.

A Canadian investigation in 2010 revealed that Chinese hackers had reached Indian missions at Kabul, Moscow, Dubai, Abuja, US, Serbia, Belgium, Germany, Cyprus, the UK and Zimbabwe. A machine at the National Security Council secretariat was tapped as were computers at military engineering services (MES).

Computers linked to the 21 Mountain Artillery Brigade, the Air Force Station at Race Course Road opposite the PM's residence, the Army Institute of Technology at Pune and Military College of Electronics and Mechanical Engineering at Secunderabad were also compromised.

Capacity building was the core message of the cyber security recommendations unveiled by Menon on Monday. The report — "Engagement with Private Sector on Cyber Security" — said the government would introduce specialized "cyber security related curriculum" in engineering and management courses and establish a multi-disciplinary centre of excellence.

The Centre plans to establish an autonomous institution - Institute of Cyber Security Professionals of India - along the lines of the Institute of Chartered Accounts of India ( ICAI) and make "cyber security audits" mandatory for companies by amending the Companies Act.

A recent report by Bloomberg said a "trove" of confidential data had been mined from the computer of Y C Deveshwar, CEO of ITC, for over a year before the company was alerted. In the public sector, less than 20% of the cyber attacks on national security systems are even reported. Bloomberg quoted security experts to say "networks of major oil companies have been harvested for seismic maps charting oil reserves; patent law firms for their clients' trade secrets; and investment banks for market analysis that might impact the global ventures of state-owned companies."

The report identifies four pilot projects including setting up a pilot testing labs, conducting a test audit, study of sample Critical Information Infrastructure and establishment of a multi-disciplinary Centre of Excellence.

India is only following the lead of countries like the US where secretary of defense Leon Panetta said US needed to work on new laws. Panetta warned of conventional attacks combining with cyber strikes.

"This kind of phenomenon is something we need to learn to deal with. This is something new. The important thing for a democratic society like us is how do we do it while maintaining democratic freedoms," Menon said.

Key recommendations:

Creation of Information Sharing & Analysis Centres (ISACs) in various industry verticals by the private sector that should coordinate with sectoral CERTs and CERT-In.

Provide training to law enforcement agencies (LEAs) in cyber-crime investigation and cyber forensics by establishing training facilities and developing training materials & investigation manuals.

Promotion and dissemination of cyber security awareness among general public through mutual collaboration.

Establishment of an 'Institute of Cyber Security Professionals of India' for capacity building in security testing and auditing.


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Agencies
June 28,2020

New Delhi, Jun 28: With 19,906 new cases, highest single-day spike so far, India's COVID-19 count touched 5,28,859 including 2,03,051 active cases, 3,09,713 cured/discharged/migrated, according to the Ministry of Health & Family Welfare.

410 deaths were reported in the last 24 hours and the cumulative toll reached 16,095 deaths.

Coronavirus cases in Maharashtra have climbed to 1,59,133 while Delhi's tally stands at 80,188.

2,31,095 samples were tested yesterday and the total number of samples tested up to 27 June is 82,27,802, according to the Indian Council of Medical Research (ICMR).

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News Network
March 2,2020

New Delhi, Mar 2: The Supreme Court on Monday dismissed a curative petition filed by convict Pawan Kumar Gupta who was sentenced to death in the 2012 Nirbhaya gang rape and murder case.

A five-judge bench headed by Justice N V Ramana said that no case is made out for re-examining the conviction and the punishment of the convict.

Other members of the bench were justices Arun Mishra, R F Nariman, R Banumathi and Ashok Bhushan.

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News Network
May 25,2020

New Delhi, May 25: Realtors' apex body CREDAI has written a letter to Prime Minister Narendra Modi, seeking immediate relief measures to tide over the crisis caused by the COVID-19 pandemic.

The association, which has around 15,000 developer members, has sought one-time debt restructuring, lower interest rate on home loans and tax sops to boost liquidity and demand in the sector.

In an open letter to the prime minister, the Confederation of Real Estate Developers' Associations of India (CREDAI) said, "In this distressful situation arising out of the COVID-19 calamity, we in the real estate sector seek immediate relief for our survival."

Stating that the sector contributes substantially to the country's GDP and has backward and forward linkages with almost 250 industries, CREDAI said, "Our survival, therefore, is not just desirable, it is rather crucial for the economy."

Liquidity crunch, stagnant demand and cartelization of raw materials are major impediments for the industry to kickstart, it added.

CREDAI made seven recommendations to revive the sector and sought immediate intervention from the prime minister.

Pointing out that the situation is "much worse" than global financial crisis in 2008, CREDAI said "a one-time restructuring scheme as was permitted by RBI in 2008 may be quickly instituted by all lending institutions."

Since real estate was already reeling under a cyclical downturn before COVID-19, debt restructuring needs to be allowed for all accounts which were standard as on December 31, 2019, it added.

CREDAI demanded that all banks, non-banking financial companies (NBFCs) and housing finance companies (HFCs) should be directed to provide additional credit equal to 20 per cent of the existing real estate project related advances with no additional security and without the classification of project as NPA.

The penal interest charged by banks and financial institutions should be suspended for a period of one year or until such time as it takes for the pandemic to abate.

To revive housing demand, CREDAI suggested that "government should reduce the maximum rate of interest on new home loans to 5 per cent by subsidizing the interest component of EMIs for next five years."

The limit of principal deduction on housing loan under Section 80C should be increased to 2.5 lakh.

Interest deduction under Section 24 on housing loan for homebuyers may be increased to Rs 10 lakh, it said.

There should be no capital gains for residential properties held for a period longer than one year.

CREDAI also demanded that the subvention scheme be allowed again by National Housing Bank (NHB) and the Reserve Bank.

Under the scheme, builders used to pay EMIs on behalf of homebuyers during construction of projects.

"The economic uncertainty and job insecurity at the moment would not allow purchase of residential property at this time. A scheme whereby a homebuyer would need to pay only margin money with no EMI for 24 months will address this insecurity," the letter said.

The association pointed out that prices of cement and steel have been increased during the lockdown period, and asked for crackdown on cartelisation by manufacturers.

On the GST front, CREDAI said that the current regime of GST provides a rate of 1 per cent  for affordable housing.

"The limit of Rs 45 lakh serves as a criterion of affordability for the purpose of GST. On all other housing, GST is applied at the rate of 5 per cent without input tax credit. It has been felt that the criterion of Rs 45 lakh is too low an index of affordability anywhere across the country, and especially so in the metros," the letter said.

It will serve as an inducement to buyers in the metros if the benefit of GST at the rate of 1 per cent is extended to units costing up to Rs 75 lakh, the association said.

CREDAI pointed out that the flat rate of 5 per cent GST for under construction residential housing is causing cost build up and is acting as a deterrent for sale of under construction projects since there is no GST on completed units.

It suggested that GST rate of 1 per cent and 5 per cent, without input tax credit, should continue.

"However, an option of GST @12 per cent for normal housing/ 8 per cent for affordable housing (with 1/3rd deduction for land i.e. effective GST rate of 8 per cent for normal housing and effective GST rate of 5 per cent for affordable housing) with input tax credit (ITC) benefits in line with the scheme applicable for the works contracts for government may be revived and made applicable to the real estate," the letter said.

Lastly, CREDAI demanded that a Rs 25,000 crore stress fund for completing stalled housing projects should be deployed at the earliest.

"We shall be grateful for your much-needed intervention for the above mentioned measures required to revive the real estate sector," CREDAI said in the letter to the PM.

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