AS with most persistent problems affecting public interest, the authorities tend to take these in their strides having verbally wrestled with them for a time and then going into a laidback ,nothing-doing strategy. And because the heart of the problem is not addressed it keeps growing with impunity and renewed vigour.The handling of fake currency notes is a glaring case in point.
While appreciating the fact that on Saturday,a seminar of policy makers, regulators ,bankers and international experts dwelt on the issue at length in the city,we believe a coherent message has been duly derived from the deliberations.They have stressed the need for raising public awareness of counterfeit notes as the country seriously undertake efforts to prevent forgery.
No one will contest such priorities but what is important is to cater for what such objectives would demand:First,the public ought to internalize what distinguishes a genuine note from a fake one.Even experts admit that a sophisticated technology is being used by the clandestine manufacturers.So awareness campaign has to be both intensive ,extensive and sustained. Secondly,prevention of forgery should concentrate on striking at the roots, rather dismantling the cobwebs of manufacture.
In the essence,the focus should be shifted from unsuspecting presenters or purveyors fake currencies on to the criminal dens of note production.They are the saboteurs of national economy must be meted exemplary punishment.