Centre not doing enough on fake currency: Parrikar
Panaji: Goa Chief Minister Manohar Parrikar has said the Centre has failed to take effective steps to curb circulation of fake currency notes in the Indian market with the initiatives being spoilt by neighbouring Pakistan.
"Whatever Reserve Bank of India pumps in (genuine currency) is flushed out by Pakistan. There is a massive influx of duplicate notes in the market," Parrikar told an annual general body meeting of Goa Chamber of Commerce and Industry (GCCI) in Panaji Saturday evening.
Parrikar said he was making this statement responsibly, "after knowing the actual facts".
"In most of the cases where banks find duplicate notes, they don`t report it to the police because the cops arrest the holder of the note. They usually cross the note (with pen) and give it back to the customer without accepting it," he said.
The chief minister said that he had brought the issue to the notice of the Union Home Minister P Chidambaram, who said that it is a state subject and for them (states) to deal with it.
Download the all new Zee News app for Android and iOS to stay up to date with latest headlines and news stories in Politics, Entertainment, Sports, Technology, Business and much more from India and around the world.
More from India
More from World
More from Sports
More from Entertaiment
- BJP's big poser to Aamir Khan: Is there any better neighbour for Muslims than a Hindu?
- Muslim leader Asaduddin Owaisi says Aamir Khan wrong in wanting to leave India
- Failed to secure confirmed reservation in train? Now you can travel in pantry car!
- Europe to 'free up space' by kicking out tens of thousands of Pakistanis
- Vladimir Putin rages as Turkey shoots down Russian plane