dp11_pap

As shown in Table 4, India imported 3669 commodities from IORC out of total number of 6600
commodities. A small number of commodities 5 (265) are exclusively imported from IORC, while
the rest of the commodities (3404) are imported simultaneously from IORC and NIORC. However,
the values of 265 commodities, exclusively imported from IORC, amount to Rs. 12975 crores - 35
per cent of the total imports from IORC. Out of these 265 exclusive commodities, 16 commodities
of mineral & mineral products amount for 60 per cent. In other words, a few number of
commodities account for of exclusive import from IORC. On the other hand, the total number of
commodities exclusively imported by India from the NIORC is very large amounting to 2931
commodities during 1994-95. However, the value of these commodities in India's imports is very
small to the extent of Rs. 369 crores.
The last column of the Table 4 gives the number of the commodities and their value which are
simultaneously imported by India from the countries of IOR and NIOR. In fact, the analysis
conducted in this study is based on the identification of these commodities (and amount of imports)
which will originate from NIORC as against IORC, under the above discussed three alternative
scenarios. It is assumed the amount of imports by India, from IORC of these commodities will
enhance by a diverting the existing imports from NIORC. As noticed in last column of Table 4, a
large number of these commodities belong to the groups of machinery, chemicals etc. While the
value of imports is significant for commodities belonging to mineral products, machinery
(particularly electric), chemical etc. Table 5 gives decomposition of the amounts of the imports
given in the last column of Table 4, under alternative scenarios as per details given in Appendix. To
be precise the table gives the decomposition of the amounts of imports of commodities under five
categories: (i) amount of imports of commodities from IORC and NIORC under Scenario I, (ii)
amount of imports of commodities from IORC and NIORC under Scenario II, (iii) amount of
imports of commodities from IORC and NIORC under Scenarios III, (iv) amount of imports of
commodities which cannot be diverted from NIORC to IORC, under the above mentioned three
scenarios and (v) amount of imports of commodities which could not be analysed due to nonavailability
of data on prices. The following paragraphs present the amount of change in India’s
imports, based on these results, under alternate scenarios.
5
In this study, we assume the commodity defined at the 8-digit HS-ITC disaggregate level is
same and almost of similar quality. We are aware that this is a restrictive assumption.
However, due to non-availability of data, our analysis could not be carried out at more
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