Increase in Gold and Cocaine Smuggling in India: DRI Report Highlights Trends

The DRI report reveals a troubling increase in cocaine and gold smuggling in India, particularly along its North-Eastern borders. Cocaine trafficking cases have nearly doubled, while gold smuggling, primarily from West Asia, has also surged significantly. The report highlights the misuse of Free Trade Agreements and underscores the need for enhanced law enforcement capabilities to tackle these complex challenges.

India is currently experiencing a significant rise in the smuggling of cocaine and gold, particularly concentrated along its North-Eastern borders, which have become increasingly concerning to authorities. According to the Directorate of Revenue and Intelligence (DRI) in their latest annual report, this uptick in smuggling is attributed to traffickers employing innovative techniques to bypass law enforcement. Released by Union Revenue Secretary Sanjay Malhotra, the report highlights a troubling increase in commercial fraud and the misuse of foreign trade agreements by various entities.

During the 67th foundation day celebration of the DRI, Secretary Malhotra urged officials to enhance their skills and utilize advanced tools to effectively combat smuggling. He emphasized the importance of targeting the masterminds behind these operations, stressing a cautious approach when navigating the complexities of tax rules, given the potential implications for broader economic activity. Malhotra noted, “We are here not only for revenue, but we are here for the whole economy of the country.”

The report indicates that cocaine trafficking has surged significantly, with DRI recording 47 air route smuggling cases in the 2023-2024 fiscal year compared to just 21 cases the year prior. Additionally, the influx of hydroponic marijuana from countries such as the United States and Thailand has also been observed. Regarding gold smuggling, the report states that India has become a prime destination for illegal gold imports, particularly from West Asian nations like the UAE and Saudi Arabia.

A concerning pattern of smuggling via India’s porous eastern borders, especially those shared with Bangladesh and Myanmar, has been identified, with states like Manipur and Mizoram recognized as hotspots for gold trafficking. The DRI reported seizing 1,319 kg of gold between 2023 and 2024, a substantial increase from 600 kg the previous year. Furthermore, the misuse of Free Trade Agreements (FTAs) has been highlighted, with cases worth ₹1,427 crore documented in the latest fiscal period, illustrating the ongoing challenges faced by the agency.

The recent report by the Directorate of Revenue and Intelligence sheds light on the growing issue of smuggling within India, particularly in relation to drugs and precious metals. As a country with extensive borders, India faces unique challenges in combating trafficking, with regions like the North-East becoming pivotal points for illicit activities. The growing complexities of financial crimes, particularly in the digital age, necessitate robust responses and adaptations in policy and enforcement strategies to effectively address these threats to national security and economic stability.

The DRI’s report underscores a disturbing trend in the smuggling of cocaine and gold in India, driven by traffickers utilizing advanced techniques. The increase in seizure metrics reflects the urgency of the situation, indicating a need for heightened vigilance from law enforcement. Furthermore, the misuse of trade agreements highlights an area requiring immediate attention to safeguard both domestic industries and the national economy. A coordinated effort between various authorities is essential to address these challenges effectively.

Original Source: www.hindustantimes.com