The Centre has allocated Rs 928.46 crore to the Central Bureau of Investigation in the Union Budget 2024-25 announced by Finance Minister Nirmala Sitharaman on Thursday, a snip of over Rs 40.4 crore from FY 2024.
The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.
The government has allocated Rs 928.46 crore to the agency for 2024-25, the interim Budget presented by Sitharaman on Thursday said.
"The provision is for establishment-related expenditure of the Central Bureau of Investigation which is entrusted with investigation and prosecution in corruption cases against public servants, private persons, firms and other cases of serious crimes," it said.
The document said the allocation also includes provision for various projects such as modernisation of training centres of the CBI, establishment of technical and forensic support units, comprehensive modernisation and purchase of land and construction of office and residence buildings for the agency.
The country's premier probe agency is engaged in tackling emerging crime scenes, dominated by artificial intelligence, cryptocurrency and darknet besides conventional crimes like bank loan frauds and ongoing high-profile extradition cases in courts abroad. It also deals with criminal cases handed over by various states, high courts and the Supreme Court.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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