India’s Import of sensitive items show a rapid increase by 9.3%

Items such as foodgrains, automobiles, milk and beverages fall in the sensitive category and the import of these are monitored by the government to see if there is any adverse impact on the domestic industry.

During April- 2010 to February-11, India’s import of sensitive items, including foodgrains and milk products, has gone up by 9.3 per cent to Rs 65,596 crore , from Rs 60,011 crore in the year-ago period.

Foodgrains’ import soared to Rs 250.17 crs during the 11 months of last fiscal from Rs 91.80 crore in the year-ago period, according to the latest official data.

Milk and dairy products’ import increased to Rs 753.42 crore and that of automobiles rose to Rs 2,314.75 crore during the period under review from Rs 286.24 crore and Rs 1,035.04 crore, respectively in the year-ago period.

profile image

About

Leave a Reply

Your email address will not be published. Required fields are marked *

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Recent Articles

Recent Legal updates

Recent Gst Updates