<h1>Study Finds Rs. 400 Crore in Fake Indian Currency Circulation; Govt. and RBI Implement New Security Measures.</h1> A study by the Statistical Institute in Kolkata, supervised by the National Investigation Agency, estimated the face value of Fake Indian Currency Notes (FICN) in circulation at approximately Rs. 400 crores, a figure unchanged over four years. Data from the National Crime Records Bureau shows significant seizures of counterfeit notes from 2013 to 2015. A committee led by a senior official has reported on this issue, and a new Director General post has been created to combat it. The Ministry of Finance, Reserve Bank of India, and security agencies are collaborating to address counterfeiting, with the RBI introducing new security measures and public awareness initiatives.