Home >Industry >Fake currency of Rs2.55 crore seized post demonetisation: Govt
The fake currency notes seized included the demonetised Rs 500 and Rs 1000 denominations as well as the Rs 2000 notes. Photo: Mint
The fake currency notes seized included the demonetised Rs 500 and Rs 1000 denominations as well as the Rs 2000 notes. Photo: Mint

Fake currency of Rs2.55 crore seized post demonetisation: Govt

The maximum seizures, both in terms of number of fake currency notes and their face value, were made in Gujarat followed by Mizoram, West Bengal and Punjab, following the demonetisation exercise

New Delhi: Fake currency notes of face value of over 2.55 crore, the maximum being in Gujarat, have been seized along various international borders of the country post demonetisation, the government informed Parliament on Tuesday.

Minister of State for Home Hansraj G. Ahir cited a National Crime Records Bureau (NCRB) data, collected for the 9 November, 2016 - 14 July period, while furnishing a written reply in Lok Sabha on the subject.

A total of 23,429 fake Indian currency notes (FICNs) have been seized during the said period and the data also includes the fake notes for the old 500 notes that were demonetised, along with the 1,000 currency, after a declaration by Prime Minister Narendra Modi on 8 November last year.

The maximum seizures, both in terms of number of fake currency notes seized of 2000/ 500 and their face value, have been made in Gujarat followed by Mizoram, West Bengal and Punjab. The face value of the seized FICN in Gujarat stood at over 1.37 crore, followed by 55 lakh in Mizoram, over 44 lakh in West Bengal and 5.60 lakh in Punjab.

The total face value of this FICN, across all border states, is more than 2.55 crore, the data said. Ahir said the government has taken a number of steps to check the smuggling of FICN in the country like strengthening the security at the international borders by using new surveillance technology, deploying additional manpower for round-the-clock surveillance, establishing observation posts along the borders, erection of border fencing and intensive patrolling.

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