India world’s biggest importer of edible oils
Palm oil 2/3 of India’s total edible oil imports
buys more than 9 million tonnes annually
mainly from Indonesia and Malaysia
In 2019 India biggest buyer of Malaysian palm oil
taking 3.9 million tonnes, according to MPOB
angered after Dr M alleged India “invaded, occupied” Kashmir
Indian govt wants to send strong signal of displeasure
India considering restricting imports from Malaysia
in reaction to Dr M slamming New Delhi over Kashmir
restrictions on other goods from Malaysia
said govt and industry sources
India’s commerce ministry (says) under consideration
commerce and industry ministry planning restrictions
substitute with edible oils from Indon, Argentina, Ukraine
My comments :
The Indian GDP was US$ 2.726 trillion (US$2,726 billion) in 2018.
That is about EIGHT times our GDP of US$354 billion.
They have a population of 1.3 billion. That is 42 times our population.
So what? Who gives a hoot.
Well they eat a lot of chappati, roti paratha, fry a lot of fish, use plenty of cooking oil etc. And we produce the cooking oil, plenty of it. We have to sell our palm oil to India.
If the Indians stop buying our palm oil then Dr Mahathir will have to drink satu koleh of palm oil for breakfast, lunch and dinner.
Lets forget about India. Lets talk about us. We are a small country.
Our economy still needs to grow.
I would not rest until the size of our GDP reaches US$1.0 Trillion, asap.
In 1982 when I was a student in the US, the American GDP was just over US$3 trillion. I recall one of my economics professors mentioning this and he said with such great pride “Thats a hell of a lot of things that we produce isnt it”.
The GDP of the US is now US$20.5 trillion, over 30% of the world’s GDP.
It has multiplied almost SEVEN times in the past 37 years.
Its a Saturday. Lets conclude.
Here is some really fantastic Malay wisdom.
1. ‘Gajah berak besar, kancil pun hendak berak besar’ which means ‘Orang yang meniru-niru lagak orang besar-besar.’
Trying to show off, trying to be bigger than your real size.
2. ‘Ada air adalah ikan’ which means ‘Di mana ramai orang di situ ada rezeki’.
You need human beings to prosper your own self. You cannot sell palm oil to the monkeys in the Lake Gardens. They are not consumers. We need human beings.
You buy things that you need from other human beings. Things do not fall out of the sky – no matter how much or how hard you pray. We need human beings – ALL human beings. No human beings no prosperity.