Import of sensitive items rises 22 percent in April-July
By IANSThursday, October 7, 2010
Indo-ASIAN NEWS SERVICE
NEW DELHI - India\’s import of sensitive items, which include edible oil, pulses, fruits and vegetables and milk products, increased 21.8 percent to Rs.23,039 crore in April-July period this year.
The total import of sensitive items for the period April-July 2010 has been Rs.23,039 crore as compared to Rs.18,916 crore during the corresponding period of last year thereby showing an increase of 21.8 percent, according to an official statement released Thursday.
Import of sensitive items as percentage of total import has declined marginally to 4.5 percent in the current year from 4.6 percent in the previous year.
Gross import of all commodities during April-July period of current fiscal was Rs.5,15,617 crore as compared to Rs.4,09,518 crore during the same period last year.
There was a sharp jump in the imports of edible oil. The import of crude edible oil increased 25.9 percent. However, the import of refined oil declined 23.4 percent.
Total import of edible oil rose to Rs.8,764 crore during the reporting period this year as compared with Rs.7,371 crore during the same period last year. The increase in edible oil import is mainly due to substantial increase in import of soya-bean crude oil.
However, imports of pulses, cotton and silk and tea and coffee declined in April-July period.
