Modi Govt Creates record in terms of Fakenotes

     Written by : SMTV24x7 | Thu, Mar 29, 2018, 11:27 AM

Modi Govt Creates record in terms of Fakenotes

Gujarat, Mar 29: Here is the breaking news that, In the very first-year post demonetization, Gujarat has topped the country in the seizure of fake new currency in the denomination of Rs 500 and Rs 2,000.

Coming to details, According to National Crime Records Bureau (NCRB) data, 5,846 currency notes of Rs 500 worth Rs 1,16,92,000 and 22,832 currency notes in denomination of Rs 2,000 worth Rs 11,41,16,000 were seized from Gujarat.

As per the records, A total of Rs 2.31 crore were seized in the state from January 2017 to February 2018 against the total seizure of Rs 6.77 crore across India, accounting for 34% of the total fake currency seized. Mizoram comes a distant second with Rs 1.23 crore worth fake notes followed by Uttar Pradesh (Rs 1.21 crore).

"Most accused caught for circulating fake currency had roots in West Bengal and Bangladesh. These fake notes are routed to bigger cities of Gujarat and thereon supplied to Mumbai, Delhi and Bangalore to weaken the economy," said officials.