Government flags illicit trade as a major deterrent to India’s growth

Union Minister of Consumer Affairs, Food and Public Distribution, Ram Vilas Paswan, has emphasised that illegal trade activities such as smuggling and counterfeiting are a major setback to India’s growth and development. This not only hinders the nation’s progress but also leads to corruption and black money generation.

Given the current emphasis on the ‘Make in India’ campaign, it becomes imperative that the quality of the products available is not sub-standard and fake. The Minister added that illicit trade impacts all sections of society hence it becomes essential to control the quality of goods available in the market. He said that his ministry would be keen to work with FICCI CASCADE in addressing these issues and invited recommendations in this regard.

 

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