Coun­ter­feit­ing and Smug­gling: Time to Safe­guard the Rights

FICCI Business Digest - - Contents -

Coun­ter­feit trade has been at­tract­ing con­sid­er­able at­ten­tion of trade as­so­ci­a­tions, the gov­ern­ment and en­ter­prises. FICCI-CAS­CADE (Com­mit­tee Against Smug­gling and Coun­ter­feit­ing Ac­tiv­i­ties De­stroy­ing Econ­omy) or­ga­nized a sem­i­nar in Kolkata on 'Com­bat­ing Coun­ter­feit­ing and Smug­gling – An Im­per­a­tive to Ac­cel­er­ate Eco­nomic Devel­op­ment' on 5 June 2018. Mayank Jalan, Chair­man, FICCI – West Ben­gal State Coun­cil & CMD, Keven­ter Agro Ltd., high­lighted that coun­ter­feit­ing and smug­gling ad­versely im­pacted in­dus­tries, con­sumers, gov­ern­ment and economies as a whole.

Sad­han Pande, Minister in Charge, Con­sumer Af­fairs Depart­ment, Gov­ern­ment of West Ben­gal, stated that coun­ter­feit­ing was a ma­jor prob­lem in In­dia, which was af­fect­ing gov­ern­ment rev­enues par­tic­u­larly the in­di­rect taxes. In West Ben­gal, the minister cited ex­am­ples of coun­ter­feit prod­ucts such as tea, cream, which were find­ing their way to the re­tail mar­ket ow­ing to their low prices. He ob­served that, among other prod­ucts, il­licit trade in cig­a­rettes was a concern area in the state. Ap­pre­ci­at­ing FICCI-CAS­CADE's ini­tia­tive in lead­ing the drive against the il­licit trade men­ace, he as­sured the sup­port of his gov­ern­ment in the cam­paign and in­vited in­dus­try stake­hold­ers to ac­tively par­take in ad­dress­ing this chal­lenge.

PC Jha, Ad­viser, FICCI-CAS­CADE & For­mer Chair­man, Cen­tral Board of Ex­cise and Cus­toms, pointed out that coun­ter­feit­ing was the big­gest scourge im­pair­ing the world econ­omy, ac­count­ing for al­most 10 per cent of global trade. Elab­o­rat­ing on the mag­ni­tude of the prob­lem, Jha in­formed that in In­dia the total loss to the gov­ern­ment with re­spect to just seven items, as per a FICCICASCADE study es­ti­mates, had in­creased steeply from INR26,190 crore to INR39,239 crore.

The sem­i­nar also in­cluded a panel dis­cus­sion on 'Coun­ter­ing the Men­ace of Coun­ter­feit­ing and Smug­gling – Res­o­lu­tions and So­lu­tions'. Deep Chand, Ad­viser, FICCI-CAS­CADE and For­mer Spe­cial Com­mis­sioner of Delhi Po­lice, ob­served, 'Eight to 15 per cent of global GDP is im­pacted due to il­licit trade and crim­i­nal ac­tiv­i­ties. It is time that we, as a na­tional and as part of the global econ­omy, call for stern and res­o­lute coun­ter­strike force against such ill-in­ten­tioned ac­tiv­i­ties.'

Deep­ankar Aron, Ad­di­tional Direc­tor Gen­eral, DRI, Zonal Unit Kolkata, un­der­lined that smug­gling had highly dele­te­ri­ous im­pact on the econ­omy. To counter them, DRI de­tects fraud­u­lent schemes and takes ini­tia­tives by build­ing syn­ergy be­tween DRI, po­lice, in­dus­try bod­ies and ju­di­ciary. He in­formed that his depart­ment had seized coun­ter­feit and smug­gled prod­ucts worth INR 350 crore apart from gold and drugs in the last fi­nan­cial year.

Bib­hav Prad­han, Re­gional Le­gal Man­ager East, Hin­dus­tan Unilever Ltd., em­pha­sized on the as­pects of IPC pro­vi­sions, copy­right in­fringe­ment laws, court or­ders and po­lice ac­tions in com­bat­ing coun­ter­feit­ing and smug­gling. He stressed on the need for aware­ness and ad­vo­cacy to counter smug­gling and coun­ter­feit­ing.

Mala Baner­jee, Pres­i­dent, Fed­er­a­tion of Con­sumer As­so­ci­a­tions, West Ben­gal, ob­served that coun­ter­feit­ing and smug­gling con­tin­ued to thrive glob­ally due to the con­sumers' in­creas­ing in­cli­na­tion to­wards branded prod­ucts. The lower costs of such il­licit items and the lack of aware­ness on the harm­ful im­pact of con­sum­ing such prod­ucts add to this men­ace. She em­pha­sized on the need for stake­hold­ers to join hands in duly ed­u­cat­ing con­sumers and to jointly work to­wards ad­dress­ing this wide­spread prob­lem.

Har­ish Agar­wal, Co-Chair­man, FICCI–West Ben­gal State Coun­cil & Part­ner, Ernst & Young LLP, em­pha­sized that il­licit trade was one of the big­gest threats fac­ing brand own­ers, threat­en­ing prof­its, cor­po­rate rep­u­ta­tion and, most im­por­tantly, customer safety.

Mayank Jalan, Chair­man, FICCI-West Ben­gal State Coun­cil & CMD, Keven­ter Agro Ltd., pre­sent­ing a green cer­tifi­cate to Sad­han Pande, Minister in Charge, Con­sumer Af­fairs Depart­ment, Self-help Group and Self-em­ploy­ment Depart­ment, Gov­ern­ment of West Ben­gal.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.