gfiles magazine

December 6, 2018

Governance : Invisible enemy


INDIA is at war with an invisible enemy. This adversary in none other than smuggling and counterfeiting, which are together termed as illicit trade. Illicit trade is the world’s largest growing industry and its size is estimated to range between $650 billion and $3 trillion according to multiple studies. This evil business represents 10 per cent of global trade and has been termed as the crime of the 21st century by the Federal Bureau of Investigation (FBI).


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