Illicit trade casts shadow on India’s progress towards achieving $5trn economy: Anurag Thakur ...Middle East

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Illicit trade casts shadow on India’s progress towards achieving $5trn economy: Anurag Thakur
New Delhi: Anurag Thakur, Minister for Information & Broadcasting and Youth Affairs & Sports said on Friday said that the surge in illicit trade is a troubling consequence of globalisation which casts a shadow on our progress toward achieving 5 trillion-dollar economy. “Illicit trade, whether conducted through activities like smuggling, counterfeiting, or tax evasion, exacts a considerable socio-economic toll. It not only hinders our advancement but also drives up expenses, pushing these crucial goals even further from our reach,” he added. Addressing the 9th edition of FICCI CASCADE’s ‘MASCRADE 2023’, Thakur said that by addressing the nexus between illicit trade, organised crime and terro

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