Import Of Sensitive Items Up 9.3% In Apr-Feb FY11.

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

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

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. During April-February 2010-11, import of items such as alcoholic beverages and rubber also increased by 47.1% and 95.9%.

Source : economictimes.indiatimes.com