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India has low prevalence of organisedcrime actors
The Business Guardian
|September 30, 2023
India has seen marked improvement in the Global Terrorism Index (GTI) and is also displaying good progress in addressing security concerns with a GTI score of 7.43 and a crime index score of 44.7, reflecting a decrease in both terror incidents and fatalities from 2016 to 2020, as well as the recent reduction in crime cases.
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The Global Organised Crime Index (2021) shows a low prevalence of organised crime actors in India at 4.3 on a scale of 1-10, compared to the average benchmark of 5.2 for 122 countries, says report on 'Illicit Markets: Hidden Stream: Linkages between illicit markets, financial flows, organised crime and terrorism'.
Scaling of multi-dimensional efforts can save India USD159 billion to money laundering which accounts for 2-5 per cent of global GDP, according to UN estimates, as highlighted by the FICCI CASCADE-TARI report, a first-of-a-kind, and launched on Thursday by Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes and Customs (CBIC). The report comes at a crucial time when Prime Minister Narendra Modi has been stressing on eliminating the streams of terror funding in order to protect communities and economies and as part of the nation's war against terror financing.
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