TRIPURA NEWS

Seminar on ‘Combating counterfeit and illicit goods’ in Agartala

Agartala, June 30: The hazards posed by counterfeit products such as FMCG, Pharmaceutical and packaged foods was highlighted at a capacity building seminar on ‘Combating counterfeit and illicit goods’ in Agartala on Saturday.The seminar was organized jointly by Federation of Indian Chamber of Commerce and Industry’s (FICCI) and Finance Department, Government of Tripura,stated a press release.

Speakers at the event discussed various aspects of the counterfeit goods and illicit products problem which is causing losses amounting to crores and serious health hazards.

FICCI – NEAC Director, Biswajit Chakrabarty described the role of FICCI in bringing together the stakeholders in one platform so as to address the menace of counterfeit and illicit goods in a consultative mode and suggest solution to the dual problem of economic loss as well as threat to public wellbeing.

Principal Secretary of Finance, Government of Tripura, M. Nagaraju, IAS, said,”Counterfeiting business generates a lot of illegal money which is later used to finance terrorist activities globally. He coaxed FICCI to take lead to work with the industries and public together so that the ethical balance between profit and quality of human life is maintained.

The program was attended by officials of Excise Department of Tripura, Tripura Police and personnel of Border Police Force (BSF). Based on the discussions, it was decided that a set of recommendations will be submitted to the Government of Tripura regarding the best practices followed elsewhere in the country, so that the same may be considered for Tripura.