During the first four months of current financial year, India’s import of sensitive items, which includes pulses and edible oils, surged by 34.5% to Rs 21.537 crore from Rs 16,016 crore in April to June 2011. In April to June 2011, India’s pulses imports increased by 27.2% to Rs 2,016.26 crore from Rs 15.85.57 crore in April to June 2010. India is net importer of pluses.
Items like foodgrains, automobiles, milk and beverages comes under the sensitive category and government monitors the import of these items to see if they are negatively affecting the domestic industry.
India’s import of edible oil surged by 51% to Rs 9,145.39 crore in April to June 2011 from Rs 6,055.6 crore in the same period of last year. India is one of the biggest consumer and importer of edible oils. This surge in import of edible oil is due to significant increase in imports of crude palm oil and its fractions.
In the April to June 2011, items like alcoholic beverages and spices also showed surge in imports, it increased by 45.2% and 41.7% respectively. India’s import of products like small scale industries like umbrellas, locks, toys and glassware also increased by 53.9% to 483.07 crore during April to July 2011. India’s imports of automobile jumped by 128.8% to Rs 999.2 64 crore in April to June 2011 from Rs 433.89 crore in same period during last fiscal.
However, in the first quarter of 2011-12, India’s imports of foodgrains, milk and milk products, and tea and coffee declined by 85.2%, 57.9%, and 36.4%, respectively. The import of milk and dairy products also declined by Rs 142.84 crore in the first quarter of current fiscal from Rs 339.43 crore in April-June 2010 quarter.
During April to June 2011, imports of sensitive items accounted for 4.4% of the country’s total imports. The gross imports of all commodities in April-June 2011, surged by 33.65% to Rs 4,94,763.07 crore from Rs 3,70,182.12 crore in April-June 2010.
India’s import sensitive items from Indonesia, China, Malaysia, Germany, the US, Canada, Japan, Thailand, the UK, Australia and Italy have increased whereas imports of sensitive items from Korea, Argentina and Myanmar have declined.
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