India’s imports from China declined by 27.6% during April-August this fiscal to $21.6 billion over the same period previous year, Parliament was informed. Value of imports from China stood at $4.98 billion in August and $5.58 in July, according to the data provided by Commerce and Industry Minister Piyush Goyal in his written reply to the Lok Sabha. “India’s imports from China have declined by 27.6% during April-August, 2020-21 over the corresponding period of the previous year,” he said. In a separate reply, the Minister said there is no proposal under consideration on withdrawal of Most Favoured Nation (MFN) status to China.
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