Illicit products adversely affecting Indian industry: Report
Illicit products are adversely affecting the Indian industry, risking millions of legitimate jobs and resulting in an estimated loss of Rs 1,05,381 crore in just seven sectors, according to industry body FICCI CASCADE.
The trade in illicit goods is highly pervasive across countries and sectors. It is estimated that 8-15 per cent of global GDP is impacted due to illicit trade and criminal activities, FICCI CASCADE said in a statement. Image Source: Official Website