Industry & Economy
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Exports & Imports
Sensitive items import up 23%
Our Bureau
New Delhi
,
June 15
THE total import value of 300 sensitive tariff lines during last fiscal has increased by 23.16 per cent to Rs 16,919 crore as against an import value of Rs 13,737 crore recorded in the same period during the previous year.
An official release said that the gross import of all commodities during 2003-04 stood at Rs 3,46,474 crore as against Rs 2,91,133 crore in the previous year. The import of 300 sensitive items constitutes only 4.7 per cent and 4.9 per cent of the gross imports during 2002-03 and 2003-04 respectively.
The major item that has led to the growth of imports is crude palm oil and its fractions, the release said.
Imports of edible oil have increased to Rs 11,209 crore during 2003-04 as compared to Rs 8,771 crore last year. Under this category, import of crude oil increased to Rs 8,272 crore during 2003-04 as against Rs 7,440 crore last year. Import of refined palm oil and palmolein increased to Rs 2,937 crore as against Rs 1,331 crore.
Imports of soyabean crude oil, kernail/babasu crude oil and sunflower crude oil have also gone up marginally.
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