Ministry of Finance
DRI seizes around 12 kg foreign-origin gold smuggled from Bangladesh worth Rs. 17 crore in a crackdown on cross border gold smuggling
PrelimsMainsGS3EconomySecurity
Source-grounded summary
The Directorate of Revenue Intelligence (DRI), in coordination with the Border Security Force (BSF), seized approximately 12 kg of foreign-origin gold valued at around Rs. 17 crore in operations across West Bengal and Bihar. The operations disrupted cross-border gold smuggling networks using the India-Bangladesh border route. Recoveries included unclaimed gold near border locations in West Bengal and gold concealed by a train passenger in Patna, which led to an arrest. The actions were carried out under the provisions of the Customs Act, 1962.