Millennium Post

Guj reported highest fake currency seizure after notes ban: Govt

- OUR CORRESPOND­ENT

NEW DELHI: Fake notes with face value of over Rs 13.8 crore were seized in the country post-demonetisa­tion and the highest seizure of over Rs 5.94 crore was reported from Gujarat, the Lok Sabha was informed on Tuesday.

In response to a question, Minister of State for Home Affairs, Hansraj Gangaram Ahir said as per the data available with the National Crime Records Bureau (NCRB), Fake Indian Currency Notes (FICN) of face value Rs 13.87 crore were seized in states bordering Nepal, Pakistan and Bangladesh from November 09, 2016 till June 30 this year after notes ban.

According to the data provided by the minister, fake currency notes with face value of Rs 5.94 crore were seized from Gujarat, the highest in the country, followed by Rs 2.19 crore in Uttar Pradesh, Rs 2 crore in West Bengal, Rs 1 crore in Mizoram and Rs 1 crore in Mizoram among others.

“Intelligen­ce and security agencies of the Centre and states keep a close watch on the elements involved in the circulatio­n of fake currency in the country and take action on any reported violation of law,” the minister said.

Citing steps taken by the government to curb their smuggling and circulatio­n, he said the production or smuggling or circulatio­n of fake currency, coin or any other material was made a terrorist act under the Unlawful Activities (Prevention) Act, 1967.

He said FICN Coordinati­on Group (FCORD) was formed by the MHA to share intelligen­ce/informatio­n among the different security agencies of the state/centre to counter the problem of circulatio­n of fake currency notes in the country.

Newspapers in English

Newspapers from India