Funds For Cyber Security Beef Up Rose By 389% Since 2015-16
NDTV
There has been a whopping 389 per cent jump in allocation of funds by the government for strengthening cyber security between 2015-16 and 2021-22
There has been a whopping 389 per cent jump in allocation of funds by the government for strengthening cyber security between 2015-16 and 2021-22, even as a national strategy on the sensitive issue is in the works.
The Ministry of Electronics and Information Technology has spent Rs 416 crore towards enhancing cyber security measures across the country during the current financial year (till June 2021), which is 389 per cent more than Rs 85 crore which it had spent in 2015-16 for the same purpose.
At the same time, Rs 416 crore spent till now during 2021-22 are 34 per cent more than Rs 310 crore which was spent in 2020-21 for strengthening cyber security.
The multi-fold increase in fund allotment for cyber security measures, sources said, underlined the government's focus on the strategic issue.
