"Governments across the world have to collectively address the issue of safe havens for organised criminal and terrorist groups and their tainted money," said Rajnath Singh at the third Interpol ministerial meeting and general assembly here.
Addressing the meet in Hindi, Singh also called on evolving a strategy to tackle cyber-crime.
"In the recent years, the internet and social media are being increasingly used to instigate communal riots to destabilize the state. We need to strengthen our strategy relating to cyber-crime on this momentous occasion of the centenary year of the Interpol," he said.
The home minister also pointed out that the 21st century has seen a significant increase in international criminal activity.
"In the 21st century, there has been a significant increase in the range and scope of international criminal activity. The dynamics of globalisation and financial transactions across borders have enabled international crime groups to expand their global reach.
"The world is also witnessing some cataclysmic changes as lethal non-state actors fired by toxic ideology turning into state themselves," said Singh.
Calling on the need for the police and judicial systems to evolve continuously to meet new challenges, the minister said: "Outdated laws have to be weeded out with effective legislations that can address corruption, recovery and confiscation of ill-gotten wealth."
He congratulated Interpol on completing its centenary and lauded its contribution to international cooperation in law enforcement. "We want to see Interpol even more powerful, effective and result oriented."