SME Times is powered by   
Search News
Just in:   • India records highest ever coal production in 2023-24, focus on raising coking coal output  • India-Australia merchandise trade reaches $16.3 billion in April-Nov  • Indian manufacturers to allocate 11-15 pc of investments on smart tech in 2 years: CII  • Greatest champion of US-India partnership: US, other nations mourn passing of Dr Singh  • Global leaders pay tribute to former PM Dr. Manmohan Singh 
Last updated: 08 Jun, 2021  

Fraud.2.9.Thmb.jpg Significant rise of frauds in second wave of coronavirus

Fraud.2.9.jpg
   Top Stories
» Indian manufacturers to allocate 11-15 pc of investments on smart tech in 2 years: CII
» Global leaders pay tribute to former PM Dr. Manmohan Singh
» PM Modi condoles demise of Dr. Manmohan Singh
» 'I've lost a mentor and guide': Rahul Gandhi grieves demise of Dr. Manmohan Singh
» Dr. Manmohan Singh, legendary economist and former PM, passes away
SME Times News Bureau | 08 Jun, 2021
Hem Kumar Pande, Former Secretary, Ministry of Consumer Affairs, Food and Public Distribution today said that given the economic condition of our country, consumer awareness has become a propeller of the anti-counterfeiting strategy.

Addressing the webinar on Consumer Protection in the COVID age organised by FICCI's Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (CASCADE) on World Anti-Counterfeiting Day, the former secretary said, the 'Jaago Grahak Jaago' campaign of the Indian Government has received reasonable success with urban consumers looking out for the safety and genuineness of the product. However, we still have a long way to go to inculcate and develop a sense of responsibility amongst the rural consumer base."

Shibesh Singh, Additional Commissioner (Crime), Delhi Police said: "There has been a significant rise of frauds against public during the second wave of the coronavirus. During the recent wave of the pandemic, he said, the Delhi police were able to block almost 550 fraud bank accounts, seized more than 1.25 crore rupees, and suspended almost 1,500 SIM cards."

Highlighting the problem of black marketing and selling of counterfeit, fake, spurious covid cure products, Singh said, "With the help of local enforcement agencies, Delhi police arrested more than 300 black marketeers and broke the backbone of Covid related crime syndicate."

Emphasizing the unwavering efforts of the DRI officers during the unprecedented coronavirus crisis, Rajesh Pandey, Pr. Additional Director General, DRI said, "during the pandemic year, DRI has seized 984 kg of gold & illicit cigarette sticks worth more than 100 crores along with seizures a large amount of heroin, cocaine, hashish, opium, and synthetic drugs".

He added that the Covid-19 pandemic impacted manufacturing and trade, and the gap was filled with counterfeit and smuggled products. "Law enforcement and trade & industry must work more closely so that illicit activities can be neutralised to a great extent," he further urged.

Anil Rajput, Chairman, FICCI CASCADE in his welcome address said, "the Covid-19 virus and illicit trade have a lot in common, both cause immense economic, social and individual distress".

Applauding the enforcement officers who have relentlessly pursued the smugglers and counterfeiters and seized many contraband and fake products during the current crisis, Rajput urged them to keep up the good work which will ensure that the perpetrators of crime do not see the covid-19 situation as a reason to exploit vulnerable consumers and organizations.

Industry panelist from Amazon, Johnson and Johnson and Underwriters Laboratories agreed that the ultimate goal should be to identify and sever illicit products and their sellers before they have a chance to create a negative experience for our consumers.

Amazon, for example have blocked 10 billion suspected sellers and seized more than 2 million products. Moreover, enhanced anti-counterfeiting cooperation activities at the industry level alongside government agencies, and law enforcement agencies is instrumental to identify and stop parties involved in manufacturing or trafficking in counterfeit, smuggled and illicit goods.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Will the new MSME credit assessment model simplify financing?
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter