Imports of sensitive items up 10.5% during 2006-07

New Delhi, May 29 | Updated: May 30 2007, 05:30am hrs
The imports of sensitive items like milk, milk products, rubber and alcoholic beverages have gone up by 10.5% during 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 countrys economy, especially agriculture and 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 % to Rs 69.72 crore, that of rubber recorded a 184% growth to Rs 781 crore. Import of alcoholic beverage stood at Rs 161.25 crore, up 30.9% in 2006-07, an official release said on Tuesday.

Imports of edible oil, fruits and vegetables, food grains, SSI products, automobiles, marble and granite also increased during the period under review.

However, imports of cotton, silk, spices, tea and coffee have shown a decline during the year. Import of tea and coffee dipped sharply by 51.5% 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 9,351 crore in 2006-07 from Rs 8,954 crore last year. Import of crude oil went up by 9.7%, but that of refined oil has gone down by 34.7%. 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%.

PTI