Boycott the Chinese goods and slap the dragon

- Hotline-Bhalchandra Jani

- Like China, Indian traders are allowed to set up large factories, but they are helpless in terms of wages and the price of natural resources or raw materials.

India's aggression against China, which has been defending Pa Kista under the guise of terrorism, has been on the rise, and a campaign of spontaneous boycott of "Made in China" items has been gaining momentum across the country for the past two years. Whether it is India's entry into the Nuclear Suppliers Group or the issue of declaring Pakistani terrorist Masood Azhar a terrorist, China has always tried to thwart India's efforts by giving someone a trivial excuse. China has also taken steps to stop the flow of a tributary of the Brahmaputra river. Even during the BRICS summit in Goa four years ago, China maintained its anti-India stance. China forgets that the huge market for its products is in India. China is a world leader in manufacturing due to its availability of cheap electricity and cheap labor. Despite complaints of poor quality, Chinese products have dominated the markets of developing and underdeveloped countries due to their affordable prices. The anti-India attitude in China was a shock to the whole country. Now the boycott of Chinese products has resulted in a tremendous campaign.

Many people have come to understand that goods from China are cheap but not durable. China dominated the Indian market on the principle of 'use and throw away'. But it has often been observed that Chinese items had to be discarded before they could be used. In India, following the mobile revolution, citizens have become more aware of social media. When people are aroused on a single issue, a revolution is formed and it is on the strength of social media that opposition to Chinese goods is growing.

On the one hand, traders across the country are facing economic crisis due to the Kovid epidemic. However, the Confederation of All India Traders-CAT estimates that the Diwali sales this year generated around Rs 2 lakh crore. This year, as last year, the Confederation called for a boycott of Chinese goods. "Traders and importers have almost stopped importing goods from China," he said. As a result, China has lost about Rs 50,000 crore this Diwali season. Consumers have also not been interested in buying Chinese goods since last year. Hence the demand for Indian goods is constantly increasing.

Every year during the five-month festive season from Rakshabandhan to New Year, Indian traders import goods worth about Rs 40,000 crore from China.

To strengthen the boycott campaign for Chinese products, the trade federation has appealed to Bollywood and cricket stars not to promote the products of Chinese companies as well as those who import goods from China and sell them under their own brand names in the interest of the country. Advertising deals with these companies should also be canceled.

Indian traders are determined to teach China a big lesson and achieve the target of reducing imports by Rs 1 lakh crore by December.

Initially, China did not take this seriously, but as the boycott escalated and export orders to India began to be revoked, the Chinese news media began to react to India's stance. According to a report in the Chinese newspaper Global Times, India has not been able to do anything to reduce the trade deficit between the two countries. The boycott of Chinese goods is being talked about only to provoke public sentiment as Indian products cannot compete with Chinese goods in any way, the report said.

The reason why Chinese goods are cheaper is also understandable. One of the reasons Chinese toys and other items are cheaper is because of their mass production. Millions of toys are produced simultaneously and quickly on automatic machines, which makes their production cost very low. The cost of grinding wheat in an old-fashioned house bell is much higher than that of grinding in a large mill, as the grinding rate in the mill is much higher, similarly the production cost is lower in large automated factories. They can buy raw materials cheaper as well as use electricity more efficiently and operate with fewer workers. Another reason is low pay rates. It is difficult to form a trade union in China. Labor laws are weak or negligible. More work can be taken there from the workers. The third reason is to make the most of natural resources. The Chinese government imposes lower royalty charges on coal mined to generate electricity, which reduces electricity costs. No special action is taken against industrial pollution.

Indian manufacturers have to compete with Chinese products in the global markets, so they should be provided with all the facilities that can compete with Chinese competitors. Like China, Indian traders are allowed to set up large factories, but they are helpless in terms of wages and the price of natural resources or raw materials. He has to abide by the labor laws. Also, the minimum wage has to be paid. They cannot take more than eight hours of work a day from workers. They cannot easily dismiss dishonest or careless workers. State governments impose royalties on coal and minerals, and hydropower projects have to provide 15 per cent free electricity to the government. All these factors increase the cost of production in India and our companies cannot compete globally.

Another way to deal with China's cheap goods is to protect our businesses. This is due to the low wages of Chinese goods as well as the low prices of natural resources and we must calculate how they are being exploited by Chinese manufacturers.

The same import tax can be levied on Chinese goods. For example, according to the technology used by China, the cost of producing a T-shirt in India is Rs. 30 and China due to its minimum wage and low prices of natural resources it is Rs. In that case, if we sell at Rs. 10 import tax can be levied. Doing so will protect Indian producers. To compete in the global market, our exporters should be given a subsidy of Rs 10 per shirt.

In short, it is taught not to take Chinese goods but people's attention is diverted from cheap things only when people get an alternative !! That is why the government should try to get the goods of Indian manufacturers in the market at Chinese prices. Labor is important in production costs. Wages in China are half that of India because of high levels of poverty and unemployment.

It is clear that people are boycotting Chinese goods following the firm belief that China's territorial policy has taken its toll on our country, our military as well as the world by spreading Dravid Covid-17. This was also confirmed in a recent survey conducted by a social media platform in New Delhi. Relevant surveys revealed that a number of Indians deliberately stayed away from buying Chinese products during the festive season.

According to a survey released by social media platform Local Circles, 31 per cent of respondents out of a total of 15,000 respondents said they deliberately avoided buying Chinese products during the festive season. The survey was conducted from November 1 to 10 in 203 districts across the country. Only 3% of respondents said they had bought "Main in China" products this year. He further added that he was actually misled so he bought products made in China. They could not understand the country of origin of the product as the label of 'Made in China' was removed from the related products and labeled 'Main in PRC'. P.R.C. That is the People's Republic of China!

The survey noted that while Indian consumers have been spending less on Chinese-made goods this year, the Government of India should make the sector more competitive by promoting our MSMEs (Micro, Small and Medium Enterprises - Micro, Small and Medium Enterprises). Extends the scope. It also noted that Indian consumers would definitely prefer to buy Indian-made products instead of Chinese products if they could be mass-produced in MSMEs and sold at reasonable prices with the help of the government. Not only this, the demand for Indian products is also increasing in other retail markets of the world.