Imports of sensitive items up 10.5 pc in 2006-07
The imports of sensitive items like milk, milk products, rubber and alcoholic beverages have gone up by 10.5 per cent in 2006-07 to Rs 18,555 crore from Rs 16,789 crore in the previous year.
By PTI |
NEW DELHI: The imports of sensitive items like milk, milk products, rubber and alcoholic beverages have gone up by 10.5 per cent in 2006-07 to Rs 18,555 crore from Rs 16,789 crore in the previous year.
The government keeps a close watch on import of products in the sensitive list category as any major increase can hurt the vulnerable areas of the country's economy, especially agriculture and the small scale sector. If there is an abnormal increase in imports, the government acts by increasing the duties and other measures under its command.
While import of milk and milk products grew by 387.6 per cent to Rs 69.72 crore in April-March, rubber recorded a 184 per cent growth to Rs 781 crore. Import of alcoholic beverage stood at Rs 161.25 crore, up 30.9 per cent, an official release said today.
Import of edible oil, fruits and vegetables, food grains, SSI products, automobiles, marble and granite also increased during the period under review.
However, import of cotton, silk, spices, tea and coffee have shown a decline during the year. Import of tea and coffee dipped sharply by 51.5 per cent to stand at Rs 84.77 crore in 2006-07, down from Rs 174.67 crore.
In the edible oil segment, imports increased to Rs 9351 crore in 2006-07 from Rs 8954 crore last year. Import of crude oil went up by 9.7 per cent, but that of refined oil has gone down by 34.7 per cent. Growth in edible oil import is mainly due to significant increase in import of crude palm oil and its fractions, which has gone up by 39 per cent.
While traffic of goods from Indonesia, China, the US, Malaysia, Russia, Cote D' Ivory, Australia, Thailand, Germany, Sri Lanka, Japan, Ukraine and Benin into India has gone up, but that from Brazil, Tanzania, Egypt, Argentina and Guinea Bissau has shown a decrease.
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