{"id":202866,"date":"2022-08-31T18:04:03","date_gmt":"2022-08-31T12:34:03","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=202866"},"modified":"2022-08-31T18:05:36","modified_gmt":"2022-08-31T12:35:36","slug":"nearly-60-of-fake-money-seized-in-2021-were-of-%e2%82%b92000-denomination-ncrb","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/nearly-60-of-fake-money-seized-in-2021-were-of-%e2%82%b92000-denomination-ncrb\/","title":{"rendered":"Nearly 60% of fake money seized in 2021 were of \u20b92,000 denomination: NCRB"},"content":{"rendered":"\n

Source: <\/b>The post is based on the article<\/span> \u201cNearly 60% of fake money seized in 2021 were of \u20b92,000 denomination: NCRB\u201d<\/b> published in <\/span>The Hindu on 31st August 2022.<\/b><\/p>\n

What is the News?<\/b><\/h5>\n

National Crime Records Bureau (NCRB) has released a report titled \u201cCrime in India 2021 report\u201d.<\/span><\/p>\n

What does this report say about fake money circulation?<\/b><\/h5>\n

\"\"<\/p>\n

Source<\/strong>: The Hindu<\/p>\n

Fake Money:<\/b> Nearly 60% of all fake money seized in the year 2021 was of \u20b92,000 denomination.<\/span><\/p>\n

\u2013 Most of the fake Rs 2,000 notes were recovered in Tamil Nadu, followed by Kerala and Andhra Pradesh.<\/span><\/p>\n

Increase in the seizure of fake mone<\/b>y: In 2016, the Government introduced new \u20b92,000 and \u20b9500 currency notes after the old \u20b9500 and \u20b91,000 notes were scrapped by them.<\/span><\/p>\n

\u2013 One of the primary objectives of this was to curb the circulation of Fake Indian Currency Notes (FICN).<\/span><\/p>\n

\u2013 However, since 2016 there has been an increase in the seizure of fake money.<\/span><\/p>\n

What are the steps taken by the government to curb fake currency?<\/b><\/h5>\n

Counterfeiting currency notes <\/b>is an offense under the Indian Penal Code,1860. Further, the production, smuggling, or circulation of High-Quality Fake Indian paper currency, coins, or any other material has been made a terrorist act under the Unlawful Activities (Prevention) Act, 1967.<\/span><\/p>\n

Ministry of Home Affairs has constituted a <\/span>Terror Funding and Fake Currency Cell <\/b>in the National Investigation Agency(NIA) to conduct a focussed investigation of terror funding and fake currency cases.\u00a0<\/span><\/p>\n

FICN Coordination Group(FCORD)<\/b> has been formed by the Ministry of Home Affairs (MHA). It shares intelligence\/information amongst the different security agencies of the States\/centers to counter the problem of circulation of fake currency notes in the country.<\/span><\/p>\n

Training programs <\/b>are conducted for the officers of Bangladesh and Nepal Police to develop their competence in the areas of detection, investigation, and effective prosecution of cases relating to fake currency.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article \u201cNearly 60% of fake money seized in 2021 were of \u20b92,000 denomination: NCRB\u201d published in The Hindu on 31st August 2022. What is the News? National Crime Records Bureau (NCRB) has released a report titled \u201cCrime in India 2021 report\u201d. What does this report say about fake… Continue reading Nearly 60% of fake money seized in 2021 were of \u20b92,000 denomination: NCRB<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[10498],"class_list":["post-202866","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/202866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=202866"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/202866\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=202866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=202866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=202866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}