The NIA's explosive conclusion was recently revealed to Parliament's Standing Committee on Finance by the country's top intelligence agencies - the Research and Analysis Wing (R&AW), the Intelligence Bureau (IB), and the Department of Revenue Intelligence (DRI).
A written compilation of the oral submissions by the intelligence agencies stated: "Forensic opinion has revealed that the notes have been printed on highly sophisticated machines involving huge capital investment.
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"Most of the pivotal parameters of the paper like GSM (paper density measured in grammes per square metre), Wax Pick Quotient, and Poly Vinyl Alcohol and PH Values were found matching with the legal tender of Pakistan." The parliamentary panel was informed that the volume of FICN smuggled into India in 2010 was between Rs 1,500 and Rs 1,700 crore, which went up to Rs 2,500 crore in 2012 - a rise of 55 per cent.
This year, fake currency worth Rs 1,200 crore has already infected the Indian economy till July.
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