INDIAN ARMED FORCES CHIEFS ON OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS

The insightful articles, inspiring narrations and analytical perspectives presented by the Editorial Team, establish an alluring connect with the reader. My compliments and best wishes to SP Guide Publications.

— General Upendra Dwivedi, Indian Army Chief

"Over the past 60 years, the growth of SP Guide Publications has mirrored the rising stature of Indian Navy. Its well-researched and informative magazines on Defence and Aerospace sector have served to shape an educated opinion of our military personnel, policy makers and the public alike. I wish SP's Publication team continued success, fair winds and following seas in all future endeavour!"

— Admiral Dinesh Kumar Tripathi, Indian Navy Chief

Since, its inception in 1964, SP Guide Publications has consistently demonstrated commitment to high-quality journalism in the aerospace and defence sectors, earning a well-deserved reputation as Asia's largest media house in this domain. I wish SP Guide Publications continued success in its pursuit of excellence.

— Air Chief Marshal A.P. Singh, Indian Air Force Chief
       

Anti-counterfeiting day observed

Issue No. 14 | July 16-31, 2012

The world observed ‘anti-counterfeiting day’ on June 13, 2012. The issue of counterfeiting is big in India and as per the latest report by the Ministry of Home Affairs large quantities of fake Indian currency notes (FICN) are pumped into India from countries like Pakistan, Nepal, Bangladesh, Sri Lanka, Malaysia, Thailand, and the UAE.

While Australia detected seven pieces of counterfeit notes per million notes in circulation (2008-09), in Canada it was 76 (2008). In New Zealand, the number was as low as 0.71 counterfeits per million notes in circulation (2008-09), whereas in Switzerland it was ten. As for the euro, there was roughly about one counterfeit per 14,600 bank notes in circulation (2008).

As per the analysis of Zee Research Group, between 2009 till June 2011 nearly Rs. 60 crore worth of fake currency had been seized by the Government of India.

State profiling on counterfeiting currency suggests that during 2009 till June 2011 period, Maharashtra had recovered the highest amount of fake currency worth Rs. 8.49 crore followed by Delhi ( Rs. 8.24 crore) ,Uttar Pradesh ( Rs. 7.71 crore) and West Bengal ( Rs. 6.37 crore).