Import of sensitive items soars 34.5% in Apr-Oct
Zeenews
       English        
Saturday, February 11, 2012 
Search
Follwo us on: Facebook Follwo us on: Twiter RSS Mail to us Mail to us Mail to us
Economy

Import of sensitive items soars 34.5% in Apr-Oct

Last Updated: Wednesday, January 27, 2010, 22:02
Views 286 Comments 0  
Import of sensitive items soars 34.5% in Apr-Oct New Delhi: Imports of sensitive items like edible oils, tea, coffee and milk products rose by 34.5 per cent during the April-October period, fuelled by a massive 376.6 per cent jump in milk products import.

The overall import of these items went up to Rs 35,487 crore during the first seven months of this fiscal from Rs 26,378 crore in the same period last year, according to the official data released here today.

Edible oils, milk and milk products, coffee and tea among other items fall in the sensitive items category and their imports are monitored by Government to ensure that they are not causing any adverse impact on the domestic industry, particularly small and medium ones.

Imports of edible oil rose 73.3 per cent during the reporting period. The imports of edible oils, milk and milk products were at Rs 14,204.70 crore and Rs 131.16 crore respectively, against Rs 8,195.45 crore and Rs 27.52 crore in the same period previous fiscal.

The increase in edible oil import is mainly due to a substantial increase in import of crude palm oils and its fractions.

Tea and coffee imports surged by 88.7 per cent to Rs 185.39 crore in the period from Rs 98.23 crore.

However, import of certain other sensitive items like automobiles, alcoholic beverages and SSI products like umbrella, locks and toys dipped, the data said.

The overall imports (including sensitive items) during the first five seven of this fiscal, however, declined by 21.8 per cent to Rs 7,16,535 crore from Rs 1,02,759 crore.

PTI

First Published: Wednesday, January 27, 2010, 22:02

Comments


View all Comments   

Post your Comments

Name
Place :
Email :
Comments :
 

Most liked Comments