Fake Currency is coming into India from Pakistan

U.S. official report revealed that India is grappling with the flow of fake currency. Pakistan remains a major Ssrotr these fake notes. According to the report, the currency used in the country, terrorist and criminal organizations to conduct their activities do. U.S. State Department's International Narcotics Control Report 2011, states that the flow of fake currency of India is the biggest victim. Black money in the report, sent on the system and limits the flow of fake currency to Hilahwalie main reason stated. The report states that the money transfer service to India as well as other mobile banking should also consider alternative measures. The report said that the informal economy because of the publicity fake Indian currency and terrorist groups is the easiest target.

Name Opening Demand

According to the report, India's growing high-quality counterfeit currency is facing the flow. The fake currency is actually produced in Pakistan but in India through its trafficking are many international routes. According to the criminal network in exchange for the currency notes are genuine use. It not only encourages the flow of fake currency, but also a major threat to the Indian economy. U.S. State Department's report came a time when the Indian government in opposition to demand the names of the people is made public, who have bank accounts in foreign banks. In fact, black money and drugs, human trafficking, cross-border organized crime, trafficking are particularly wildlife extinction and gems trafficking, corruption comes from. India's external and internal soft target of terrorist groups. According to the report, most terrorist activity is governed by international terrorist groups, supported by groups that get inside the country and outside. In addition, many local separatist and terrorist organization in the country are also active.

How will take action India’s  Government

U.S. State Department report suggested that the Indian government foreign (Regulation) Act 1976 to implement the contribution of the President should send for approval. The report says that India money transfer service such as mobile banking as well as other means should also start.

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