The Centre is planning to set up a National Cyber Security Coordination Centre (NCSCC) to fully secure the country’s cyber space, Union minister for electronics and information technology Ravi Shankar Prasad said on Thursday. He further said action has been initiated to set up the NCSCC to strengthen the country’s cyber security posture.
Talking at the Regional Editors Conference organised by the Press Information Bureau (PIB), Prasad said the government was fully aware of the possible threats to the country’s cyber security and assured NCSCC will ensure near real-time threat assessment and situational awareness.
The minister said the NCSCC project has been approved for implementation and technical approach plan has been prepared. The minister also said close to $80 billion worth of electronic items are currently consumed in India and by 2020, it is going to rise to $400 billion, backed chiefly by mobile penetration. According to him, the value of the total mobile phones manufactured in India was R19,000 crore in 2014-15, this increased to R54,000 crore in 2015-16, and is expected to touch R97,000 crore by the end of this fiscal.
Prasad also said foreign financial institutions, including Barclays, CitiBank and others, have shown interest in using the Post Department’s upcoming payment bank branches which will have core banking solutions to reach out to rural India.
The minister said around 50 financial institutions want to use postal infrastructure to take their services to the common man. Besides, the government is planning to strengthen 2.5 lakh village panchayats through optical fibre network which was started in 2011.