Trade deficit up

NEW DELHI, July 10: India8217;s trade deficit increased by 19.86 per cent in dollar terms during 1996-97 as compared to the deficit during 1995-96, the latest monthly economic indicator issued by the Commerce Ministry says. The trade deficit at the end of the fiscal year on March 31 was 5,442 million against a deficit of 4,540 million in 1995-96.However, the increase in deficit was far less considering a rise of 95 per cent during 1995-96 against the deficit of 2,324 million during 1994-95. During 1996-97, India8217;s exports were to the tune of 33,106 against imports of 38,584 million.