India's import of sensitive items, including foodgrains and milk products, has gone up by 8.1 per cent during the April-December period of the current fiscal. According to the latest official data,it stands at 52,492 crore rupees from 48,548 crore rupees a year-ago. 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.Food inflation is hovering at 9.42 per cent for the week ended March 5, due to rising prices of commodities like fruits, milk and protein-based items.Import of sensitive items amounted to 4.7 per cent of the country's total import during the period.Import of sensitive items from countries such as the US,UK, China, Korea, Argentina, Germany, Thailand, New Zealand have gone up, while those from Myanmar, Brazil, Japan and Canada decreased during the period under review.
News On AIR | March 21, 2011 9:03 PM
India's import of sensitive items up by 8.1 pc in April-Dec