New Delhi, Nov 15: A joint operation by anti-narcotics agencies led to the seizure of about 700 kg of drugs and the arrest of eight Iranian nationals from Indian territorial waters off the Gujarat coast around Porbandar on Friday.

The street value of the seized Methamphetamine, a synthetic recreational variety of narcotics, could be anywhere between Rs 2,500-3,500 crore in the international market, according to Narcotics Control Bureau (NCB) officials.

An operation codenamed 'Sagar Manthan- 4' was launched based on intelligence inputs to intercept an un-registered vessel, without an AIS (automatic identification system) or an electronic boat or ship-tracking indicator, that will be entering the Indian waters with drugs, the NCB said in a statement.

The suspect vessel was identified and "interdicted" by the Navy by mobilising its maritime patrol assets (ships) and the seizure of the drugs and apprehensions took place on Friday, it said.

"A huge consignment of about 700 kg of Methamphetamine was interdicted in Indian Territorial waters. During this operation, eight foreign nationals were arrested who claim to be Iranians," the NCB said.

The eight men do not have any identity documents, it said.

The operation was carried out jointly by the NCB, Navy and Gujarat Police Anti-Terrorist Squad (ATS).

The Indian Navy in a "coordinated operation" with the NCB and Gujarat Police intercepted a suspicious boat leading to the seizure of the drugs, a Navy spokesperson said in New Delhi.

"This is the second major successful coordinated anti-narcotics operations at sea by the Navy this year," he said.

The navy said it is committed to ensuring a safe and secure maritime environment while preventing illegal use of the seas.

Union Home Minister Amit Shah said the operation stands out as a stellar example of the government's commitment to the vision and the seamless coordination among our agencies in achieving the same.

"Pursuing PM Shri @narendramodi Ji's vision for a drug-free Bharat, our agencies today busted an international drug trafficking cartel and seized over approx. 700 kg of contraband meth in Gujarat," Shah wrote on 'X'.

As much as 3,500 kgs of drugs being trafficked through the maritime route has been seized by these agencies this year with the arrest of 11 Iranians and 14 Pakistani nationals in three cases.

All these foreigners are currently lodged in jail awaiting court trial, as per the NCB.

"These significant operational achievements in the Indian territorial waters are a testament to our resolve to eradicate the scourge of drugs from India to realize our vision of a 'Nasha Mukt Bharat' (drugs-free India) by 2047," it said.

The NCB said the Union government has recently created 111 posts, including 5 superintendent of police-level posts, in the agency in addition to 425 posts created over the last 2 years.

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Kochi, Nov 15: The Centre on Friday informed the Kerala High Court that money for Wayanad rehabilitation was available in the State Disaster Response Fund (SDRF) and information regarding allocation of any additional funds for it will be conveyed by the end of the month.

The submission from the central government came during the hearing of a plea initiated by the High Court for prevention and management of natural disasters in the state in the wake of the landslides that devastated three villages in Wayanad district of Kerala.

The state government on the other hand told the court that the Centre in a letter has said it will not allocate any more funds, than what has already been allocated, for the rehabilitation of the disaster victims.

It claimed that no positive assurance has been received from the Centre.

A bench of justices A K Jayasankaran Nambiar and K V Jayakumar, however, did not agree with the state's stand and questioned whether it was based on media reports.

The bench told the state government that the Centre has not said that it will not provide more assistance.

It said that while news reports may appear to indicate that nothing will be provided, if you look at the details, it does not seem so.

The state's contentions were based on news reports and the letter received from the Centre.

The Centre in a letter to the state had said that under the existing guidelines of SDRF and NDRF, there is no provision to declare any calamity a 'national disaster'.

The matter will be heard next on Friday, the court said.