MINISTER OF STATE IN THE MINISTRY OF HOME AFFAIRS (SHRI R.P.N. SINGH)
(a) to (e): As per the available inputs from Central Intelligence and Investigating Agencies,
no systemic vulnerability or targeting of real estate, mining and manufacturing sectors per se
has been reported or assessed . No such nexus between the terrorist organizations and these
sectors has been reported. However, Central Intelligence and Investigating agencies have taken
action under the Unlawful Activities (prevention) Act, 1967 (UAPA) whenever specific instances
of funds/property being proceeds of terrorism or intended to be used for terrorism are detected
including through purchase of specific properties/plots of land in the real estate sector or
extortion from legitimate entities operating in the mining and the manufacturing sectors.
The existing provisions of the UAPA and the Prevention of Money laundering Act (PMLA)
comprehensively cover various facets of both terrorist funding and benefits from proceeds of
terrorism. UAPA empowers both the Union Government and the State Government agencies to take
action wherever specific cases come to light.
As per the recommendation of the FATF and the assessment made by the Central Intelligence /
Security agencies, certain amendments have been made to the Unlawful Activities (Prevention)
Act, 1967 which strengthens the legal regime further to combat terrorism in all its
manifestations including financing of terrorism.
To address the multi-dimensional aspects of illegal inflow of funds for terrorist activities,
several agencies such as RBI, Ministry of Finance, Ministry of Home Affairs, Security and
Intelligence agencies of the Centre and States etc. are working in tandem to have effective
check. Further, based on the experience gained and gaps identified, Government continuously
upgrades technical, coordination and forensic capabilities of the Central Intelligence and
Investigation Agencies to effectively deal with the threat.
