The importance of setting up a terror funding, fake currency cell in the NIA

New Delhi, Dec 08: The Parliament was informed by the Union Home Ministry that a Terror Funding and Fake Currency cell has been constituted in the National Investigation Agency. 

Minister of State for Home Nityananda Rai said that the cells were formed to conduct a focused investigation into terror funding and fake currency cases. “The Unlawful Activities (Prevention) Act, 1967, has been strengthened by criminalizing the production or smuggling or circulation of high-quality Counterfeit Indian currency as a terrorist act and enlarging the scope of proceeds of terrorism to include any property intended to be used for terrorism,” Rai also said. 

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