India Boycotting Chinese Goods: India has been a follower of Indian knowledge and tradition since ancient times. This spirit has been flushed and flowered by Indian academics, philosophers, and scientists from time to time. After independence, our politicians and social organizations have been continuously fasting for the boycott of Chinese goods, which is to mislead the public and get political benefits. Today, there has been an increase of more than billion dollars in imports from China to India by 100. Most of that imports are related to our mechanical, electrical, electronics and defense production industry.
China, rare economy controls 92 percent of the total supply of magnets. He has a storage of 440 lakh tonnes of rare economy magnets. After that, 222 tons of storage is near Vietnam, but Vietnam sends it to China for its purification. The meaning of saying is that the whole world, rare meaning depends on China for the fulfillment of magnets.
Rare Earth Magnet is used in the production of fighter jets, automobile industry, ordnance industry, submarine, nuclear reactor, MRI machine, radar, LED screen, petroleum, refinery, cancer scanning, alloyvic production, super conductor, camera etc.
When Trump tried to take China under its influence, China put a pause to the supply of rare meaning magnets at a quick pace and Trump became Kinkartiyavi Mudh and started praying to China for its supply. Jinping set its conditions for re -supply to America. Under which 145 percent tax was imposed on it and under the contract, it was also determined that the rare meaning received from the US, China would not transfer the magnet to another country as the whole world is dependent on China for its supply.
India also depends on China to supply its industries. Shortly before, Adani ji went to China for the smooth production of his industries and tirelessly tried to get this invaluable mineral from there. China made him hospitality very effectively, but did not provide him with any kind of help in this work and had to return with disappointment.
Today, some industries of India have the availability of this mineral only till the middle of July. That is, in the next 3 months, its storage in most industries of India will be finished. If China does not supply this mineral to India, then India’s industry will get instability and it will have a highly adverse effect on all industries. It remains to be seen that China determines which conditions with India for the supply of this mineral and if India is unable to fulfill the terms of China, then how can it free its industry from this inaccessible problem. Today a very difficult situation has appeared to India. Hope we will find a permanent solution soon.
(The author is an educationist.)
