Thiruvananthapuram, Mar 16 (PTI) The Kerala government on Wednesday decided to set up a financial crimes unit in the Police Department to probe into increasing number of economic offences such as money-laundering and forgery.

Also Read | Puri: Jagannath Temple Servitor Shot Dead by Miscreants Near Barabati Area.

The decision to create the unit was taken in a Cabinet meeting held during the day, said a statement from the Chief Minister's Office (CMO).

Also Read | Maharashtra Shocker: 42-Year-Old Man Kills Friend in Drunken Altercation in Nagpur; Arrested.

It said 233 posts would be created for the unit which would be formed under the Crime Branch.

Besides, the Cabinet decided to provide various benefits and concessions like exemption from right of way permit and charges as well as waiver of security deposit and bank guarantees -- for the K-FON scheme, said the statement.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)