MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a),(b)&(c): The details of value of fake currency seized during the years
2009, 2010 and 2011 (upto 4th v March, 2011) as provided by National Crime
Record Bureau, are as under:-
Year Total value (in rupees)
2009 88,846,932
2010 101,305,694
2011 (upto 4th 87,600
March, 2011
# The figures are provisional.
(d) : The steps taken by the Government to curb circulation of FICN in the country
include stepping up of vigilance by the Border Security Force and Custom
authorities to prevent smuggling of fake notes; dissemination of information
on security features through print and electronic media and formation of Forged
Note Vigilance Cells in all the Head Offices of the banks. Additional security
features have also been incorporated in the bank notes in 2005 to make
counterfeiting very difficult. To strengthen the security of bank notes
further, incorporation of latest security features is underway, A High Level
Committee headed by the Union Home Secretary comprising officials from central
agencies and other senior police officials has been constituted to monitor and
draw a comprehensive strategy to combat FICN, Similar bodies have also been set
up in the States. In addition, Government of India have nominated the Central
Bureau of Investigation as the Nodal Agency to monitor investigation of fake
currency note cases. The RBI has also strengthened the mechanism for detection
of counterfeit notes by the Banks.
