The damage being done to the country’s economy due to smuggling could come in the way of India becoming a $40,000 economy under the Modi government’s vision of Amrit Kaal.
This apprehension has been expressed in the report of the Committee (Cascade) against the harm caused to the economy by smuggling and counterfeit goods of the industry body FICCI. According to the report, there is a need for a strong international campaign against trafficking.
FICCI observed February 11 last year as Anti-Trafficking Day and urged the government to work with the United Nations to highlight the issue of trafficking in the world and declare this day as International Anti-Trafficking Day It was
According to the report, illegal trade in alcoholic beverages, mobile phones, household and personal items of daily use, packaged food and tobacco products caused loss to the Government of India by 163 percent to Rs 58,521 crore in 2019-20 . P[LC/GT