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  3. Sensitive items’ import surges by 41% in Apr-Feb 2011-12

Sensitive items’ import surges by 41% in Apr-Feb 2011-12

31 May 2012 Evaluate

Imports of sensitive items have grown substantially by 40.9% in the first eleven months of the last fiscal. In the period of April-February 2011-12, imports grew to Rs 92,574 crore up from Rs 65,695 crore during the same period last year. The category of sensitive items includes commodities such as foodgrains, automobiles, milk and beverages, which are monitored by the government to check their negative impact on domestic production.

Foodgrains imports contracted by 93%, however, imports of all sensitive commodities were up. Imports of fruit and vegetables increased by a whopping 75.3% to Rs 8,374 crore from Rs 4,776 crore during April-February of 2010-11. Edible oil imports were also up by 54.7% to Rs 42,262.72 crore year-on-year. The increase in edible oil has primarily been due to considerable increase in import of crude palm oil and its fractions.

Further, alcoholic beverages were up by 55.5% and spices were up by 53.3%. Imports belonging to the small scale industry like toys, umbrellas, locks and glassware increased by 53% year-on-year and were to the tune of Rs 2,034.7 crore.

Automobile imports jumped by 43.5% April-February 2012 to Rs 3,321 crore. Similarly, milk imports also increased by 33.2% during the period. Except for Brazil, imports from all other countries like Indonesia, China, Malaysia, Argentina, Germany, Korea, the US, Canada, Japan, the UK, and Australia have gone up. Total imports of all commodities during April-February 2012 was Rs 20,69,643 crore as compared to Rs 15,29,295 crore during the same period of last year.

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