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Imports
of 300 sensitive items post 4% dip in April
PTI
- New Delhi
India’s
imports of 300 sensitive items registered a decline of close to
four per cent during April this year, mainly on account of a sharp
drop in imports of edible oil, cotton and silk products. Imports
of the 300 tariff lines was pegged at Rs 688 crore during April
as against Rs 714 crore in the same month a year earlier, a negative
growth of 3.72 per cent, an official release said here.
As
per provisional data released by the Directorate General of Foreign
Trade here, the dip was mainly attributed to a significant decline
in edible oil imports which fell to Rs 342 crore compared to Rs
416.54 crore in 2001. A country-wise break-up reveals that imports
from China, Brazil, USA, Malaysia, New Zealand and Thailand have
shown some increase while those from Argentina, Indonesia, Tanzania
and Nigeria have posted a decline.
Other
items which also witnessed significant drop in imports included
cotton and silk, imports of which declined to Rs 128.66 crore from
Rs 207.12 crore a year earlier.
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