HindustanTimes Sat,20 Sep 2014

Increase in drug seizure hikes its prices

Surabhi Vaya , Hindustan Times  Mumbai, January 24, 2011
First Published: 01:24 IST(24/1/2011) | Last Updated: 01:25 IST(24/1/2011)

A rise in narcotic drugs seizure doesn't only mean an increased demand but also a hike in drug prices.


The increased seizures in the last 17 months by the Anti-Narcotics Cell (ANC) has also led to a jump in its price to almost three times the price from the original. "The price has increased with the increasing seizures. In the last one and a half years it has gone up by about three times," said Sunil Paraskar, deputy commissioner of police, ANC.

Statistics of the ANC and police say, the approximate value of a kg of hashish (charas) in February 2008 was Rs30,000 which is now Rs70,000 - more than twice the price.

The prices have shot up because the increased seizures also mean increased security. "This makes the job a high-risk one. Thus, carriers and other middlemen have to pay more," said Paraskar. "It's a simple demand-supply formula. There is an increased demand plus increased risk. The producer decides the price on the basis of payment of the carrier, transport costs, unexpected arrests, cost of trial and so on," said Paraskar.

ANC officers said while increased seizures is not a sign of increased intake; there can be no disputing that the consumption has gone up as well.

"All drugs brought to Mumbai are sold in the city itself. We have intelligence that drugs that go to Goa usually go through a route where the risk of getting caught is less," said Paraskar.

more from Mumbai

Dialysis solution infects 15 kidney patients in 3 months

More than a dozen kidney patients in Mumbai have reported severe infections and related complications, possibly from the use of contaminated dialysis solution made by a multinational drug firm.
Most Popular
Copyright © 2014 HT Media Limited. All Rights Reserved