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| Menace of fake currency looming large | | | The menace of fake currency being used by terrorists for casting an adverse impact on the Indian economy continues to be the Government's concern.It is worried over the flow of fake currency notes from across the border.Though flooding the Indian market with fake currency was not part of the operation Topac,framed by former Pakistan's military
dictator,Gen. Zia-ul-Haq,in 1988 the ISI has been providing all possible assistance in getting the fake indian currency notes printed
and circulated in the Indian markets.Intelligence reports reveal that several lakh fake currency notes are in circulation in India. Despite strict vigil kept by the Reserve Bank of India and the security and intelligence agencies bundles of these fake currency notes have found their way even in the banks.The problem is very serious because even
after registering over 3170 cases militants and their overground supporters keep on circulating fake currency notes.These fake currency
notes have proved helpful to the ISI and leaders of militant groups in luring youth to militancy.Parents of these boys whether in Pakistan or
in occupied Kashmir or in Jammu and kashmir are paid huge sums of money for sparing their wards for terrorism.The ISI has been so much
involved in the racket that it set up two new units for printing fake
indian currency notes in Karachi and Lahore.The ISI even imported paper from the European countries so that the Indian security and int elligence sleuths failed to distinguish between the genuine and the
fake currency notes.Reports have revealed that the ISI and the activists of Lashkar-i-Toiba have been sending wads of fake currency notes from across Jammu Kashmir,Rajasthan and Bangladesh
borders.Another report said that poor labourers from Hyderabad and
Kerala,working in the Gulf,fall prey to the racket and they are used
for sending the fake currency notes to India.The Govrnment has reports
that in certain cases the ISI and the Lashkar manage to send bundles
of fake Indian currency notes to their agents in Sri Lanka fromwhere
the consignments are transported to Tamil Nadu.These very reports have
found involvement of Dawood Ibrahim,who has taken refuge in
Pakistan,in printing and circulation of fake Indian currency notes.His
two associates,Babu Gaithan and Aftab Bakthi,have been found operating
from Dubai while giving further fillip to the fake currency
racket.Security agencies,operating in Jammu and kashmir,have found
that these fake currency notes were being used for purchasing arms and
ammunition.Of late bundles of fake currency notes are being sent to
the ISI operatives working in Nepal who pass on the consignment to
those militants who are being helped to enter into the Indian
territory from Kathmandu.Apart from funding families of militants and
for purchasing cell and satellite phones the fake currency notes were
being used to help overground workers of militant outfits in
purchasing houses and land which later are to be used as hideouts for
the terrorists.Invariably these fake currency notes have been used by
militants,especially foreign mercenaries,who had been pushed into
Jammu and kashmir,for purchasing day to day necessaries during their
stay in the state.Intelligence inputs say that fake currency was being
used to prop up militant groups in different parts of India and some
of the fake currency was being used for kicking up communal and
regional trouble.What is surprising that vested interests have started
utilising the services of some computer knowing people for getting
fake currency notes printed within India.This calls for coordinated
efforts by various
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