Fake currency entering India through Pakistan!

While implementing the demonetization move in India few months back, Prime Minister Narendra Modi stated that fake currency was one of the main reasons for the move.

Demonetizing Rs. 500 and Rs 1000 notes on November 8 last year made a great impact all across the country but a cause to worry has risen now as hardly two months have passed and Pakistan-based counterfeiters have come out with fake Rs 2,000 notes.

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According to the news published in leading English daily, the money is being pumped into the country by means of the porous India-Bangladesh border.

These revelations have risen following the recent arrests and seizures made by National Investigation Agency (NIA) and Border Security Force (BSF).

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Interrogation led to the conclusion that fake notes had been printed in Pakistan, supposedly with the backing of the Inter Services Intelligence (ISI) and smugglers were required to pay Rs 400-600 in authentic currency for every forged Rs 2,000 note.