FICCI@100 : 1358 days to go
Become a Member Members Zone Employee Zone
Industry should explore technical options to check crime: Madhya Pradesh Special DGP Maithili Sharan Gupta

Nov 13, 2019


 

NEW DELHI, 13 November 2019: Mr Maithili Sharan Gupta, Special Director General of Police, Madhya Pradesh, today urged the industry to partner with the police in checking crime through various technical interventions.

 

Speaking at a seminar on 'New Age Risks - 2019', organised by FICCIMr Gupta said that the country will do better if it reduces its dependency on the "ill-equipped" police and establishes technical systems to control crime.

 

"The police are overburdened and overstressed, and non-registration of FIRs is a major challenge. Devising scientific and technical assistance in investigation would lead to 100% registration, 100% detection and 100% conviction," he stated.

 

Appealing to the industry for taking ownership of the risks and the responsibility to jointly minimize its impact, Mr Gupta said, "There should be certainty of cognizance (of crime). So, why not devise a system where the dependency on the police itself is minimized. Should we not talk about the virtual police thana?"

 

He released FICCI-Pinkerton report 'India Risk Survey 2019', which compiles 12 risks, each year, according to businesses, policymakers and subject matter experts, that indicate top threats that can be disruptive to business operations in India.

 

Mr Umesh Mehta, Executive Director, Pinkerton India, said, "Corruption bribery and corporate fraud has come up as number one risk in India Risk Survey 2019. There are several efforts by government and private sector to generate awareness about this risk. A multi-pronged approach along with collaboration from all stakeholders is required to fight this perception."

 

Mr Rohit Karnatak, Managing Director, Pinkerton India, said, "Pinkerton adopts a comprehensive risk management approach towards corporate risk. India Risk Survey 2019 lists governance and regulatory risk, risk of non-compliance to data privacy laws and risk of impact to business due to climate change as the emerging risks for the year 2019."

 

Mr Rahul Chaudhry, Chair, FICCI Homeland Security Committee, said, "Unless and until we manage our risks better, there would be no value addition in our economy, and this will have direct impact on employment generation."

 

 

Kickback emerges as biggest threat to business: India Risk Survey 2019 

 

  • Corruption, Bribery and Fraud climbs up in the risk chart to the top position in the India Risk Survey (IRS) 2019. Among these risks, Bribery/ Kickback has emerged as the biggest threat.

 

  • Natural Hazards remains at the second most significant risk to business operations for two successive years. In 2019, floods continued to disrupt business operations and hence remained a potent threat.

 

  • Crime risk category moves up in rankings to the third most eminent risk. Offences against public tranquillity have emerged as the topmost threat. White collar crime also poses a direct threat to companies� finances and brand reputation.

 

  • Political and Governance Instability ranks fourth. The survey finds that policy changes are perceived as a threat under this risk category.

 

  • Risks emanating from Terrorism and Insurgency show a significant drop to the fifth position in the survey. This highlights a reduction in terror and Left-Wing Extremism-related activities since 2018.

 

  • Other risks in descending order are risks associated with intellectual property theft; business espionage; strikes, closures and unrests; fire outbreaks; accidents; and threats to women safety.

 

In the 2019 edition, new risks have been identified based on this year's review, which includes: Governance & Regulatory Risks, Risk of Non � Compliance to Data Privacy Laws, and Risk of Impact on Business due to Climate Change.

 

Also Read

Event