SME Times News Bureau | 23 Dec, 2021
Dibya Shankar Mishra, Minister for
Industries, MSME, Energy and Home, Govt of Odisha recently said that the menace of counterfeit and
smuggled goods have penetrated deep into our society and is impacting the
socio-economic prosperity of the country, which needs to be addressed
Addressing a webinar organized by FICCI's Committee Against Smuggling and Counterfeiting
Activities Destroying the Economy (CASCADE), Mishra said, "Strict enforcement plays a very important role in curbing the menace of
illicit trade. I am proud to share that Odisha's enforcement agencies have been
vigilant in fighting these illegal activities."
D P Dash, Former Pr. Director-General, DRI,
Former Chairman, Enforcement Committee, World Customs Organisation (WCO) and
Think Tank Member, FICCI CASCADE said, "inculcating moral values amongst children to buy genuine
goods with bills on payment of taxes is an intergenerational investment in the
fight against illicit trade."
He further added that penal provisions under
central and state laws should be invoked to make a real impact in the fight
against illicit trade.
Mr. Anil Rajput, Chairman,
FICCI CASCADE in his welcome
address said, "illicit products have infiltrated everyday avenues of
commerce, making their way into supply chains and consumers' homes, thereby
threatening manufacturers' competitiveness, undermining consumer confidence and
posing a threat to individuals health and safety". He added that, "I must also
compliment the Odisha government and the enforcement agencies for relentlessly
pursuing the perpetrators of illicit trade. Despite the mammoth challenge posed
by COVID 19 pandemic, their hands-on approach and alertness have been
highlighted by seizures of large number of fake and smuggled medicines,
currency, consumer goods, food products, cigarettes and much more".
"Counterfeiting and smuggling
causes an economic loss to the nation which can be addressed at the grassroot
level by educating the school children and MSMEs on the impact of illicit
trade," said Ms Monica Nayyar Patnaik, Chairperson, FICCI Odisha State
Council & MD, Sambad Group.
The problem of illicit trade
has only compounded in the current situation, where criminals have used the
pandemic as an opportunity to cause significant damage to the Indian economy,
health, and safety of the consumers.
The webinar, with focus on the state
of Odisha, was organized to deliberate on the efforts that the
industry & government can take in tackling the flow of illicit products
during the current crisis.
The speakers reiterated that consumer safety and
safeguarding legitimate businesses while promoting indigenous production will
also play a significant role in the country's post-pandemic economic recovery.