MINISTER OF STATE IN THE MINISTRY OF HOME AFFAIRS(SHRI SRIPRAKASH JAISWAL)
(a) & (b): As per available information, the details of the total number of cases / FIRs
alongwith the denomination - wise, State / UT wise statements of Counterfeit Currency Notes,
seized and recovered from the year 2005 to June 2008 are enclosed at Annexure-A to D respectively.
The figures for the year 2007 and 2008 (upto June) are provisional.
(c) & (d): Available inputs indicate that organized criminal networks and syndicates, in collusion
with ISI of Pakistan, are reportedly used to infuse and circulate Fake Indian Currency Notes
(FICNs).
(e): To address the multi-dimensional aspects of the FICN menace, several agencies such as the
RBI, the Ministry of Finance, the Ministry of Home Affairs, the Intelligence Agencies of the
Centre, the Central Bureau of Investigation (CBI), etc. are working in tandem to thwart the
nefarious activity related to FICNs. The activities of these agencies are also periodically
reviewed in a nodal group set up for this purpose. In this context, at the functional level, the
CBI has been declared as the nodal agency for coordination with the States; the Directorate
General of Revenue Intelligence has been nominated as the Lead Intelligence Agency for this
purpose. Apart from the above, the State Governments have been asked to set up dedicated and
well-equipped Cell under senior level supervision to comprehensively monitor and deal with
organized crimes including FICN, and also specifically designate a nodal officer to coordinate
activities relating to FICNs. The States have also been asked to set up a Committee headed by
the DGP of the State with GM/DGM of RBI, senior officers of SIB, intelligence branch of State
Police, CID of State Police, etc. as members.
