Pakistan major source of fake currency in India: Govt

Maximum consignments of high quality fake Indian currency notes are being supplied in the country from Pakistan, the Parliament was informed today.

"As per available inputs from central intelligence and investigation agencies, consignments of high quality Fake Indian Currency Notes (FICN) have been directly or indirectly sourced from Pakistan," Minister of State for Finance Namo Narain Meena said in a written reply to Rajya Sabha.

In response to another question about whether India has sought the help of the United States of America to tackle the menace of fake currency notes, he replied in the affirmative.

"Under the Indo-US Homeland security dialogue, counterfeit currency is one of the aspects for cooperation, covering exchange of knowledge, skill and intelligence," he said.

EDITORIAL OF THE DAY

  • India’s political space acts as a safety valve for maverick politicians and frustrated electorate

    While it is easy to be cynical about Indian democracy and its ways, the fact is that the vast political space that the system provides for in this cou

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Taslima Nasreen

Bangladesh no country for atheists

It’s a matter of pride to be a freethinker, atheist ...

Purnendu Ghosh

Silence makes you aware of yourself

Often, we don’t feel the necessity of making contact with ...

Shona Adhikari

Artistic focus on women's empowerment

The focus on the girl child remains an important one ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture