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Fake currency in circulation found to be of Rs 400 cr

New Delhi, Aug 5 (UNI) The face value of FICN in circulation was found to be about Rs 400 crore and it was found the value remained constant for the last 4 years, the lok Sabha was informed today.

Minister of State for Finance Arjun Ram Meghwal in a written reply said a study on Fake Indian Currency Notes (FICN) issues, including estimation of FICN in circulation, has been undertaken by Statistical Institute (ISI), Kolkata under the overall supervision of National Investigation Agency.
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