Boycott China - Develop INDIA

Don't have an account?
Just enter your email id or mobile no and create your account in two easy steps!

🇮🇳
- 🇮🇳
- 🇳🇿
LOGIN

I am a
looking for
Country

[{"type":"txt","id":"rich_1592670322245","data":"     INDIA noticed that the economical gap between India and China is narrowed<\/i>. Now, one of the main reasons why India hath emphasized to boycott \u201cmade in china\u201d products is that the present pandemic <\/i>COVID-19 is originated from China. Owing to this pandemic; almost all the countries hath declared lock down, which completely effects the financial situation<\/i> of the country.<\/p>     Not only India, but also many other countries like Philippines, United States and Vietnam wants to boycott Chinese products and made some slogans like \u201cBoycott made in china<\/i>\u201d, \u201cstop using and buying Chinese products<\/i>\u201d. The common reasons for this include \u201clow quality of products<\/i>\u201d, human rights issues, territorial conflicts involving china, etc.<\/p>\u201cMade in China\u201d Products<\/u><\/b>:<\/p>     Chinese products are cheaper than the original ones. Chinese people stand first in many aspects like education, technology, etc. There are many breaches regarding the trusted laws. There were some illegal attacks planned by China. The USA hath banned the license to the Chinese organisations like Huawei. There were many security leaks. Most precisely, Chinese goods are treated as duplicates which are almost similar to the original ones in glance and performance.<\/p>     Most of the electronic devices and its spare parts are made in China. There are many manufacturing units for electronic gadgets in China. Even the brands which are marked as Indian uses the parts made in China; they\u2019re only assembled in India. Since, they\u2019re assembled in India; they\u2019re called \"Indian brands\"<\/i>. But, deep inside; it\u2019s a Chinese product.<\/p>Why is china so popular in producing goods???<\/b><\/p>     Gigantic population, production efficiency & intensity and capital<\/i> are the three crucial factors<\/i> that have attributed to China\u2019s economy<\/i>. Raw materials of products are cheaper<\/i> because of two factors. One, most of them are produced in China itself<\/i>. And the other one is that, China only has VAT taxation system which allows taxing only value-added services<\/i>. So, the production is cheap<\/i>.<\/p>     Overpopulation <\/i>is the main reason for manufacturing low-quality products<\/i>. Most of the firms cannot find enough of the needed raw materials to produce goods that serve the customer requirements. So, they\u2019re producing instead versions made with cheaper or low-quality material. One of the main reasons why companies manufacture their products in China is because of the lower-wage workers<\/i> available over there in that country\u2026<\/p>Implementation<\/u><\/b>:<\/p>     \u201cMade in China\u201d brands can be boycotted with a pinch of patriotism<\/i> but we cannot ban all the Chinese products. Because, we don\u2019t have manufacturing units<\/i> for all the commodities in India.<\/p>     In the reality of electronic gadgets; most of the processors, RAMs, display screens, etc that are used to build a mobile, television, laptop or a computer system are only manufactured in china. If we stop importing their goods; we may not be able to move as fast as we\u2019re moving now. But still, we can survive. If they stop importing our goods; it again effects our economy<\/i>.<\/p>     Everyone cannot afford all the original products which are a bit expensive; so, there are people who do compromise owing to their financial situation. In order to pass through; they purchase cheaper ones which satisfies their needs. And, those cheaper ones are products by Chinese companies. Practically, it\u2019s not an easy task to simply boycott the Chinese products just like that. They may lack in quality; but not in quantity\u2026<\/p>     It\u2019s not just those who consume the final finished goods from China, there are also several businesses in India importing intermediate goods and raw materials such as electrical machinery, nuclear reactors, fertilizers, optical and photographic measuring equipment, organic chemicals, etc, that are used to create final goods for both, the domestic Indian market as well as the global market<\/b><\/i>.<\/p>Reality<\/u><\/b>:<\/p>     It is much easier for China<\/b> to replace India than for India to replace China. If India and China stop trading, then China would lose only 3% of its exports and less than 1% of its imports, while India will lose 5% of its exports and 14% of its imports<\/i>\u2026<\/p>     India is heavily dependent on Chinese products. If we should boycott all the Chinese products; there are many actions and steps to be taken by the Indian government. Our Indian government should encourage<\/i>:<\/p>\u2022\tEntrepreneur\u2019s: To get newer ideas\u2026<\/p>\u2022\tStart-up\u2019s: For useful inventions\u2026<\/p>\u2022\tSetting up manufacturing units: Not to relay on China\u2026<\/p>\u2022\tEasy access to business loans.<\/p>\u2022\tHealth and safety regulations in the organisations.<\/p>\u2022\tEnvironmental protection laws.<\/p>\u2022\tEfficient business ecosystems.<\/p>\u2022\tFactors aid in keeping the cost of production low.<\/p>\u2022\tTechnological advancement in terms of machinery and industrial resources.<\/p>\u2022\tValue Added Tax (VAT) system.<\/p>\u2022\tTrading\u2026<\/p>\u2022\tSmartphones industries.<\/p>\u2022\tTelecom equipment industries.<\/p>\u2022\tTelevision and smart TV industries.<\/p>\u2022\tHome Appliances firms.<\/p>\u2022\tAuto components firms.<\/p>\u2022\tInternet Apps.<\/p>\u2022\tPharmaceuticals industries.<\/p>\u2022\tSteel industries.<\/p>\u2022\tSolar power firms.<\/p>\u2022\tLiteracy rate.<\/p>     The present Indian economical and industrial rules and guidelines are not enough to achieve all these things in and to boycott \u201cmade in china\u201d products. Not even in the upcoming 5 years. The income generated to India by exporting the goods from India to China is very meagre. Lest, the income generated to China by exporting goods from China to India is four times more\u2026<\/p>     The Literacy rate also plays a vital role. Everyone should be a literate. India should invest in start-ups. Chinese hath already invested in many Indian start-ups rather than India. Our India is still called as a developing country since many years. We can boycott Chinese products and make India as a developed country by encouraging all the above things. The India should strive hard and make the necessary changes to <\/i>develop the country<\/b>...<\/i><\/p> <\/i><\/p>"},{"type":"img","id":"img-uid-1592670322246","data":"5eee36fd6b0a8"}]

Message

Experience the best version of stumagz by getting the app.

Get College News, Updates
at just 5 MB

Complete Form

Experience the best version of stumagz by getting the app.

Get College News, Updates at just 5 MB

Complete Form

Responses

Get College News, Updates
at just 5 MB