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What is the News?
Directorate of Revenue Intelligence(DRI) has recovered Red Sanders worth Rs 11.70 crore under “Operation Rakth Chandan”.
What is Operation Rakth Chandan?
Launched by: Directorate of Revenue Intelligence(DRI)
Under this operation, DRI has recovered Red sanders weighing 14.63 MT estimated to cost Rs 11.70 crore in the international market.
What is Red Sanders?
Red Sanders is a flora-species that is endemic to a distinct tract of forests in Eastern Ghats region of Andhra Pradesh.
IUCN Status: Endangered
Significance: The rich hue and therapeutic properties of Red Sanders are responsible for its high demand across Asia, particularly in China. Red Sanders is also used in cosmetics, medicinal products and high-end furniture/wood craft.
The export of Red Sanders from India is prohibited as per the Foreign Trade Policy.
|Read more: Red Sanders falls back in IUCN’s ‘endangered’ category|
Source: The post is based on the article “DRI seizes Red Sanders worth Rs. 11.70 crore under “Operation Rakth Chandan” published in PIB on 30th May 2022.