6 out of 10 features of new notes copied by fake Indian currency manufacturers

Mumbai: Fake Indian currency manufacturers have succeeded in copying at least six of the 10 security features from the newly launched notes post demonetisation. 

The startling revelation has come to the fore based on a report of Security Printing and Minting Corporation of India at Nashik, Directorate of Revenue Intelligence sources stated.

Following seizures of counterfeit Indian currency from Mumbai and Navi Mumbai in two separate raids, the DRI had sent the seized fake notes for analysis at the Nashik mint. The report sent by the experts there has now left the DRI officials in a limbo as many of the features used in original notes are being used in the fake Indian currency notes. 

The investigators said that though the security features, which are easy to copy, have been incorporated into the manufacturing of the fake currency notes, the fakes can be identified if observed keenly.  “The new currency notes of different denominations have various colour codes that are distinct from each other. If colours are to be considered a security feature, it is something difficult to imitate. The illegal manufacturers have failed to copy the colour code and the paper quality,” said a senior DRI officer.  

The paper used for FICN is thicker than the one used in the production of original notes, which can be identified if observed closely, officials said.