DRI seizes around 21 kg foreign-origin gold worth Rs. 32 crore in crackdown on gold smuggling

The Directorate of Revenue Intelligence (DRI) seized around 21 kg foreign-origin gold worth Rs. 32 crore in a crackdown on gold smuggling. The DRI also seized around 123 kg gold and around 10 kg silver, collectively valued at more than Rs 187 crore in various operations across the country. 58 persons have been arrested for smuggling gold in the last three weeks.

Reported by 3 sources

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Quick Revision

Prelims-testable facts

01The Directorate of Revenue Intelligence (DRI) has seized around 21 kg foreign-origin gold in two operations, cumulatively valued at more than Rs. 61 crore.
02Five persons have been arrested under the provisions of the Customs Act, 1962, for gold smuggling.
03The gold seized by DRI was smuggled from Myanmar.
04A total of 15.18 kg gold was recovered from two vehicles and seized on 19.09.26.
05The gold was concealed in a specially designed cavity in the chassis of the vehicles.
06DRI officers have seized around 123 kg gold and around 10 kg silver, collectively valued at more than Rs 187 crore, in various operations across the country.
0758 persons have been arrested for smuggling gold in the last three weeks.

Trap alerts

Most people think gold smuggling is only a problem at international borders, but actually it can occur through various means, including body concealment and specially created cavities in vehicles.
Most people think gold smuggling is only a problem in specific regions, but actually it is a nationwide issue.

Mains Practice Question

Critically examine the implications of organised gold-smuggling networks on India's revenue and security.

250 words

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Prelims Practice MCQs

Single facteasy

How much foreign-origin gold worth in rupees was seized by the DRI in a crackdown on gold smuggling?

A.Rs. 32 crore
B.Rs. 187 crore
C.Rs. 23.30 crore
D.Rs. 10 crore

The DRI seized around 21 kg foreign-origin gold worth Rs. 32 crore. This significant seizure highlights the DRI's efforts to combat gold smuggling.

Multiple statementsmedium

Consider the following statements regarding Gold Smuggling Operations: 1. The DRI has seized over 100 kg of gold in the last month. 2. The DRI has arrested more than 50 people for gold smuggling in the last three weeks. 3. The DRI has seized gold worth over Rs. 100 crore in the last quarter. How many of the above statements are correct?

A.Only one
B.Only two
C.All three
D.None

Statement 2 is correct because fact 3 states that 58 persons have been arrested for smuggling gold in the last three weeks. Fact 1 states that the DRI seized around 123 kg gold and around 10 kg silver, collectively valued at more than Rs 187 crore, but this is a different operation and does not necessarily mean that the DRI has seized over 100 kg of gold in the last month. Fact 5 does not provide information about the total value of gold seized in the last quarter.

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