Economic offences in Indian cities are rising fast, averaging 117 daily cases in 2024 compared with 86 in 2018. The biggest share comes from forgery, cheating, and fraud—often in the Rs 1–10 lakh range—while bigger scams also continue to surface, pointing to widening financial crime risks.
India’s criminal justice framework is moving from the old Dand era to Bharatiya Nyaya Sanhita’s Nyay, with a notable change: the new code spells out what counts as economic offences. Under the IPC, that scope was less explicit, leaving room for interpretation. The update aims to standardise coverage and strengthen accountability.
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