Import of sensitive items up 10 pc in April-May
Import costs of sensitive items has risen from Rs 2,524 crore to Rs 2,792 crore for the month of April-May.india Updated: Sep 12, 2006 13:32 IST
The total import of sensitive items rose by 10.6 per cent to Rs 2,792 crore for April-May as compared to Rs 2,524 crore during the corresponding period last year.
The gross import of all commodities during same period of current year was Rs 1,16,523 crore as compared to Rs 91,595 crore during the same period of last year.
Import of sensitive items constitutes 2.8 per cent and 2.4 per cent of the gross imports during last year and current year respectively, an official release said.
Imports of spices, tea & coffee and Alcoholic beverages have shown a decline at broad group level during the period.
However, imports of edible oil, fruits & vegetables (including nuts), cotton & silk, products of SSI, rubber, automobiles, marble & Granite and milk & milk products have shown increase during the period under reference.
In the edible oil segment, the imports have increased from Rs 1,244 crore last year to Rs 1,590 crore for the corresponding period of this year.
A significant feature of edible oil import is that import of unrefined oil has gone up by 41.6 per cent and that of refined oil have gone down by 46.7 per cent.
The growth in edible oil import is mainly due to significant increase in import soyabean oil and its fractions, which has gone up by 103 per cent and crude palm oil and its fractions which has gone up by 14 per cent.
Imports of sensitive items from Indonesia, Argentina, US, China, Sri Lanka, Germany, Japan, Australia, Afghanistan have gone up while those from Malaysia, Brazil, Egypt, Vietnam have shown a decline.