FICCI Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (CASCADE)
CASCADE Vision Statement
28-29 September 2023 | ITC Maurya, New Delhi
Smuggling and counterfeiting is a global problem that poses significant challenges to economic development, public health, and social stability. Illicit trade has complex and interrelated socio-economic dimensions that are influenced by various factors, including corruption, technological advancements, demand for cheap and counterfeit products, amongst others. The effects of trade in smuggled and counterfeit goods challenge the well-being of consumers, efficient businesses, and effective governance. Illicit trade is often referred to as the crime of the 21st century due to its far-reaching impact on economies worldwide, affecting both developed and emerging nations alike. Despite global efforts to combat it, illicit trade persists as a highly profitable venture for illicit market operators, resulting in significant losses for industries, governments, and society as a whole. Illicit trading activities can seriously hinder India’s goal of achieving a $5 trillion economy by impeding its growth potential.
Recognizing the interconnectedness of organized crime, illicit trade, terrorism, and their socio-economic implications is crucial. Effectively combating these issues necessitates international coordination and cooperation to foster transparency, accountability, and good governance worldwide. Organizations across the globe are actively collaborating to enhance cooperation in preventing, detecting, and prosecuting illegal financial flows.
ZERO -EVASION: Role of Youth in Making India Free from Smuggling & Counterfeiting
25th August 2023, Friday | FICCI, Federation House, New Delhi
Over the years, FICCI CASCADE is working on creating awareness on tackling the problem of smuggling and counterfeiting which is a serious menace to public health and safety. Along with policy makers, industry, enforcement officials and media, we have also been working closely with the youth in our fight to address this issue through various interschool and intercollege competitions and programmes such as youth festivals, painting, slogan writing, elocution, debates competitions etc.
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Mr. Anil Rajput
Chairman, FICCI CASCADE
Over the years, Illicit trade has undeniably become one of the greatest risks globally. It has played havoc with the social and economic well-being of nations across the world. Illicit trade undermines investments, creates unequal playing field for the legitimate businesses and for some time now provides the fuel that energizes the terror machine.
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