75,000 counterfeit sunglasses seized at Mumbai port

April 24, 2015 by adminficci News 0 comments

What are the chances that those crisp 1000-rupee notes tucked into your wallet are fake? The bad news is that it’s possible, given that counterfeits keep popping up all over the nation.

The good news is that the chances aren’t very high, at least not yet, and the best news of all is that the government is close to getting a fix on the size of the problem. The National Investigation Agency (NIA), in collaboration with the Indian Statistical Institute (ISI), is now trying to figure out the total volume of the Fake India Currency Notes (FICN) in the country, officials in the exercise have told Hindustan Times.

http://www.hindustantimes.com/india-news/govt-to-study-counterfeit-currency-problem/article1-1340109.aspx