Stamps released to commemorate contribution of Directorate of Revenue Intelligence

On December 26, 2019, Union Finance Minister Smt. Nirmala Sitaraman released postage stamps to commemorate the services of Directorate of Revenue Intelligence (DRI) in order to protect the nation.

Significance

DRI plays an immense role to counter smuggling and preserve cultural heritage and environment of the country. It is essential for DRI to keep pace with technologies such as data analytics to fight against contraband items such as gold and narcotics. Contraband are goods that are against the law to trade or to import or export.

Directorate of Revenue Intelligence

DRI is the chief anti-smuggling intelligence agency in the country. The agency works in securing smuggling of contraband such as narcotics, gold, firearms. It also works towards proliferation of commercial frauds, black money and trade-based money laundering.

It enforces provision of around 50 statutes. It includes arms act, NDPS act, WMD act, etc.

The agency was established in 1957 in order to function as the apex of Central Board of Indirect Taxes and Customs to counter smuggling.

Month: Current Affairs - December, 2019