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Drug Trade: Andhra Pradesh Leads The List: Nirmala Sitharaman, the Union Finance Minister released the Smuggling in India Report for the years 2021-22 during the DRI’s 65th Founding Day Celebrations.
Union Finance Minister Nirmala Sitharaman today said cocaine has started coming into India and the Directorate of Revenue Intelligence needs to figure out if the country is becoming a consuming country.
Smuggling of cigarettes into India is an area of concern as the high incidence of taxation on cigarettes results in a tax arbitrage in favour of the smugglers, the annual report produced by the Directorate of Revenue Intelligence said on Monday.
Union Finance Minister Nirmala Sitharaman on Monday asked enforcement agencies to up their vigil and go after big smugglers involved in drug trafficking and sending 'mountains' of illegal drugs into the country.
Get latest articles and stories on Business at LatestLY. In 2021-22, seizures of cocaine increased 3,479 per cent from 8.667 kg to 310.21 kg, an annual report produced by the Directorate of Revenue Intelligence said on Monday. In 2019-20, the seizure was 1.108 kg. Business News | Cocaine Started Coming into India, Says Sitharaman Asking DRI to Ensure Smugglers Face Law of Land.