‘Telangana must spruce up to combat counterfeiting’
HYDERABAD: To combat smuggling and counterfeiting activities that is draining India’s economy, the State machinery needs to be spruced up to make law enforcement effective. This was the take away from the Federation of Indian Chambers of Commerce and Industry (FICCI) CASCADE seminar on Combating counterfeiting and smuggling, held on Tuesday in Hyderabad.
“Consumers need to be educated about counterfeit goods as these days there is a narrow gap in the quality difference in packaging between the original and counterfeit goods making it difficult to differentiate,” said State finance minister Etela Rajender at his inaugural address.
The speakers pointed out that buying counterfeit and smuggled goods has led to loss of jobs in the country and as these sectors operate outside the taxable economy.
Related Posts
Rs 7 Lakh Worth Of Fake Currency Notes Recovered In Guwahati
GUWAHATI: Police on Tuesday, April 19, recovered fake Indian currency with a face...
Stop to tobacco smuggling urged
The alarming rise in seizures of contraband and counterfeit cigarettes by customs...
Customs recovers N229.95m in revenue through anti-smuggling operations
Nigerian Customs Service (NCS) Federal Operations Unit, Zone A, Ikeja Lagos, has...
Product aids fight against counterfeiting
Plastics Color Corp. has entered the anti-counterfeit market with a new line of...