New Delhi: Revenue Intelligence officers have seized contrabands worth Rs 3,500 crore in 2023-24 fiscal, with narcotic drugs and gold seizures constituting a major chunk, a top official said on Thursday.
Directorate of Revenue Intelligence Principal DG Mohan Kumar Singh said infiltration of supply chains has emerged as a significant challenge in curbing smuggling. Also, growing use of air passenger, courier and postal cargo for smuggling of drugs and other contrabands remains a concern. “In FY 2023-24, DRI detected 623 smuggling cases, almost an average of 2 cases per day, with seizure of contrabands of Rs 3,500 crore. The seizure of narcotics drugs and psychotropic substances constitute a major part of it, followed by seizure of gold,” Singh said at a Ficci seminar on global challenges of illicit trade and way forward. Royal Orchid Hotels appoints Arjun Baljee as President