Wednesday, August 8, 2007

Import Of Sensitive Items Grows 11.6Pc In First Quarter

New Delhi: Import of sensitive items increased 11.6 per cent in value terms during the first quarter of the current fiscal to Rs 4,877 crore compared with Rs 4,371 crore registered in the same period last year. Gross imports of all commodities during April-June 2007 stood at Rs 2,26,321 crore (Rs 1,85,988 crore). The import of sensitive items constituted 2.4 per cent and 2.2 per cent of the gross imports during the first quarter of the last fiscal and current fiscal respectively. Imports of fruits and vegetables, products of SSI, spices, marble and granite, tea and coffee and milk and milk products showed a decline at broad group level during April-June 2007.

On the other hand, imports of edible oil, cotton and silk, automobiles, rubber and alcoholic beverages have displayed an increase during the period under review. Edible oil imports have gone up in the first quarter of the current fiscal to Rs 2,802 crore as compared to Rs 2,407 crore in the same period last year. Imports of both crude oil as well as refined oil have increased by 15.7 per cent and 30.9 per cent respectively. Imports of sensitive items from Indonesia, China, Brazil, Germany, Japan, Thailand and Australia have increased during April-June 2007.

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