New Delhi: It may be even more difficult for you to identify a genuine 500-rupee note from a counterfeit one as the currency being smuggled into India by inimical agencies is now a closer imitation of the original, Delhi Police have cautioned.
Officers of the Delhi Police Special Cell point to the role of Pakistan’s Inter-Services Intelligence (ISI) agency in pushing through notes which have a greater resemblance to India’s high denomination Rs.500 and Rs.1,000 notes.
The officers said that they have been noticing for the past few months that differences between genuine and counterfeit notes were reducing and that around five such differences have actually disappeared.
“The paper being used to make the fake notes is now more similar. The stiffness is almost the same. The security thread (in the right half) on fake notes also resembles that on the genuine currency.
“The watermark (the portrait of Mahatma Gandhi in light and shade) has also been nearly matched,” an officer, who did not want to be named, told IANS.
“The identification mark on the left of the note looks quite similar in counterfeit and genuine notes. The Optical variable ink also looks similar,” he added.
The officer said that despite vigil by security agencies, attempts to push counterfeit notes into India had been continuing for several years and are aimed at damaging the economy.
“The ISI has developed high quality Fake Indian Currency Notes (FICN) and is pumping these into India with the help of several syndicates. These notes are similar to the genuine ones and it is not easy for the common man to detect them, Deputy Commissioner of Police (Special Cell) Sanjeev Yadav told IANS.
“The security features on the fake notes can only be enabled on highly sophisticated machines that only the Pakistan government owns,” said an officer, who has been part of a team making seizures in the capital.
He said that though a note still has features which have not been matched, it now requires much more than a cursory look to detect a counterfeit.
Intelligence agencies are worried that despite some traditional routes of FICN smuggling being neutralised, the flow of counterfeit currency has not slowed.
Delhi Police seized over 7.5 crore counterfeit notes in 2014.
Another Delhi Police officer, who has nabbed counterfeit suppliers, said there were several operatives involved, particularly in northern India, and Delhi appears to have emerged as an important destination for the circulation of counterfeit currency.
“It is easier to push fake notes in Delhi because of the huge number of cash transactions that take place in the capital every day,” he said.
LeT operative Abdul Karim Tunda – who was arrested in 2013 from an area on the Indo-Nepal border – had also revealed that ISI ran almost the entire supply chain of FICN being smuggled into India. Tunda’s questioning also revealed that notes are pushed into India via the Indo-Pak border, the Indo-Nepal border and the Indo-Bangladesh border.
Special Commissioner of Police (Special Cell) S.N. Srivastava said FICN is also sent to Nepal or Bangladesh from Pakistan and then smuggled into India. He said counterfeit currency is also sent through the air route via Bangladesh, China, Holland, Malaysia, Nepal, Singapore, Sri Lanka, Thailand and the United Arab Emirates. (IANS)
Security features on genuine currency notes
* A small floral design on the front and obverse of the note has an accurate back-to-back registration and will appear as one floral design when seen against the light.
* A feature in intaglio – raised print – has been introduced on the left of the watermark on all notes except the 10-rupee note. There are different shapes for various denominations (a circle for Rs.500).
* Number panels of notes are printed in fluorescent ink. The notes also have optical fibres. Both can be seen when the notes are exposed to an ultra-violet lamp.
* The Mahatma Gandhi series of banknotes contain Gandhi’s watermark in light and shade and multi- directional lines in the watermark window.
* Optical variable ink is a new security feature incorporated in the Rs.1,000 and Rs.500 notes, with a revised colour scheme introduced in November 2000. The numeral appears green when the note is held flat and changes to blue when held at an angle.
* The portrait of Mahatma Gandhi, the RBI seal, the guarantee and promise clause, the Ashoka Pillar and the RBI governor’s signature are in intaglio, which can be felt by touch.
* The Rs.500 note contains a readable security thread alternatively visible on the obverse with the inscriptions ‘Bharat’ and ‘RBI’. When held against light, the thread can be seen as a continuous line.
* Micro-lettering appears between the vertical band and Mahatma Gandhi’s portrait. Notes of Rs.20 and above contain the denominational value in micro letters.
* On the obverse of Rs.500 notes, a vertical band on the right of Mahatma Gandhi’s portrait incorporates a latent image of the denomination in numerals. (IANS)