Anupam Agarwal, Director, Karnataka Police Academy (KPA), on Friday said that counterfeiting and smuggling are a substantial threat to the economy and there is a conclusive evidence of the increasing involvement of terror organisations in funding such illicit trade activities. There are adequate laws available, but enforcement of the laws makes the role of police officers even more important in the fight against counterfeiters and smugglers, he added.
Addressing the ‘Capacity Building Programme for Police Officers on Prevention of Counterfeiting and Smuggling’ organised by FICCI’s Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (CASCADE), Mr. Agarwal said all stakeholders like FICCI, police and industry need to work together more closely to meet the vision of the Prime Minister of making India a 5 trillion economy.
Mr. Agarwal said that the loss of revenue to the government due to counterfeiting and smuggling has a direct impact on spending on welfare measures such as healthcare and education.
