Ordinance to provide CISF cover to private industries
The government on Friday decided to promulgate an ordinance enabling the private sector to avail of CISF cover.
Corporate houses including Tata and Reliance Industries have sought CISF cover for their offices and factories. The companies would have to pay for getting the security cover. "The Tatas, Oberois, Infosys and the Jamnagar Refineries (Reliance) have approached me (for CISF cover)," home minister P Chidambaram had said on Wednesday.
The ordinance has been necessitated following the Mumbai terror attacks, wherein hotels and other places of importance were targeted. Till now, CISF cover was available only to public sector units and installations like airports.The government has already introduced a Bill in Rajya Sabha to amend the CISF Act. However, it could not be passed.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.