2012 Current Affairs

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“NCIPC” to implement a 5-Year Project for Cyber Security of Critical Sectors // Critical infrastructure protection (CIP) //

image The central government has decided to establish five-year project for strengthening the overall cyber security structure of critical sectors of India. This move has come following increase in the number of incidents of cyber attacks as well as security threats. In 2011, India faced around 13000 cyber incidents.

Who will implement the Project?

  • It will be realized by National Critical Information Infrastructure Protection Centre (NCIPC)
  • NCIIPC functions under the guidance of National Technical Research Organization (NTRO).
  • NCIPC is the nodal agency which coordinates the cyber security operations related to critical infrastructures in India.
  • NCIPC will set up sectoral Computer Emergency Response Teams (CERTs) and will also install sensors on critical systems for getting real-time information regarding cyber attack of any kind for preparing a quick response.
  • NCIPC of India has been proposed. NCIPC will ensure critical infrastructure protection and critical ICT infrastructure protection in India.
  • Sectors whose cyber security falls under NCIPC are:
  • Energy (natural gas, coal, oil and power)
  • Finance and banking
  • Transportation (civil aviation and railways)
  • Space
  • Law enforcement
  • Security
  • Telecom
  • Defense

What is “Critical infrastructure protection (CIP)” ?

  • Critical infrastructure protection (CIP) is a concept that relates to the preparedness and response to serious incidents that involve the critical infrastructure of a region or nation.


Govt extends 2 % interest subsidy for exports for one more year

The Central Government has announced a number of incentives to control the decline in exports, which will fall short of the $360 billion target set for the current fiscal. It has extended the 2 % interest subsidy scheme offered on exports, which was due to expire in March 2013, for one more year.

As part of the incentive package, the government announced the introduction of a pilot scheme of 2% interest subvention for project exports through EXIM Bank for countries of SAARC region, Africa and Myanmar.

Why this incentive?

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