Significant decrease in import of mobile phones and cars during 4 months

Web Desk: As a result of government measures, the import of mobile phones decreased by 65 percent and the import of cars by 80 percent during four months. As a result of the measures taken to curb the current fiscal year 2022-23, during the first four months of July to October, the imports of mobile phones have decreased by 65% ​​and the imports of cars by 80%, which has also significantly reduced the trade deficit of the country. came
According to the report, in the first 4 months of the financial year, mobile phones worth 22.6 million dollars, i.e. 50.41 billion rupees, were imported, while last year, 64.46 million dollars worth of mobile phones were imported and last year, the volume of imported mobile phones was 107 billion rupees. . According to the Statistics Institute, the import of cars decreased by 80% in the first four months of the financial year. From July to October, vehicles worth 379.4 million dollars were imported and foreign exchange equivalent to 74 billion rupees was spent on the import of cars.
According to the report, cars worth 643.2 million dollars were imported in 4 months of the last financial year, vehicles worth 106 billion rupees were imported from July to October last year.