War & geopolitics trigger different oil crisis, stretches our food bills, even shrinks our biscuits
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- čas přidán 5. 09. 2024
- Edible oil prices have been rising steadily due to the recent geopolitical turmoil in Ukraine. India which imports almost two-thirds of all its edible oils is struggling to keep prices in check. In episode 1011 of #CutTheClutter, Shekhar Gupta talks about what India can do to combat this sudden price rise and why edible oils can dent India's hopes of being food secure.
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"Our dogs are stupid... They don't understand that the size of biscuits have gone down."
Best part of today's CTC.
:)
They're just happy that their master is giving them the right count of biscuits. Big or small. 😊🐕
majority Indians r also in same category since they r price conscious
I would to make some comments:
1) palm oil is the most consumed edible oil is not only due to its odourless characteristics but mainly due to legislation in some countries limiting the content of trans fat due to health reasons. Palm oil has been used in industrial food due to this legislation i.e. health concerns of other oils. (palm oil just like coconut oil is a stable oil and does not require hydrogenation. Hydrogenation process is used to prolong shelf life of other oils such as soy, corn, sunflower, rapeseed etc which will produce trans fat. Trans fat is bad for health).
2) the shortage of palm oil from Malaysia is not due to export tax. Export tax will increase the price a bit but will not reduce its quantity. The real problem in Malaysia is that they have severe labour shortage to harvest the oil palm fruit due to covid-19 restrictions on foreign workers. Almost the entire harvesters are foreign workers including lakhs from India.
3) there are 2 types of palm oils i.e. palm oil and palm kernel oil (derived from mesocarp and kernel respectively).
4) oil palm is the most productive oil plant. On the same land area, oil palm could produce as much as 6 to 10 more oil than other oil plants. And it produces oil all year round.
Thank you for enlightening us with such insightful comment. Much appreciated
Good point,
Malaysia facing labour shortage.
We’re sorry #CutTheClutter was published so late tonight. Evening’s summer storm brought a complete power and server failure in our office. We do hope will understand. Thank you for your patience… shekhar
It's addiction. We can't sleep without watching it. Now I'm going to sleep. By the way, again excellent analysis . Thank you.
Can't get sleep without watching #CutTheClutter 😂🥳
SG, you should introduce your graphic designer or their awesome tools with us 👌👌👌
Understandable have a good day. 👍
Q
I always thought "ghaslet ka tel" was a term used for Kerosene and came from "gaslight", but then again, I'm misinformed about a lot of things...
Yeah. Never called it "ghaslet". That was used for kerosene.
Ghaslet was kerosene when I was a kid
Maybe Shekhar got too creative 😂🤣
You are right and Sekharji is wrong. Ghaslet is kerosene.
Ghaslet is Kerosene
Shekhar does a good job of explaining these. Everyone will be able to understand
Last line of this CTC episode was an eye opener if Punjab can produce oil seeds then it's production would be more then 10% of total requirement of our country, if this happens then surely our import bills would go significantly low
But Punjabis love growing MSP secured wheat.
And that's too quite important for the nation..govt wants them to produce pulses and corn too..
High time ther should be some national policy for the same.
The Way Govt Did the Reforms Backfired Them , Let AAP Grow in Punjab if Congress , Akalis and the BJP had Worked our Sorting the Differences the Reform would Have Sailed but The Reforms were Slaughtered and Takes another Generation to Take an Bold Move , Finally Every Political Party Should Remove their Political Rivalry aside and Should Work in an Syncronised way for the Betterment of the Nation
Panjab government is giving incentive to farmers for caltivating pulases
A silver lining to the cloud be that we consume lesser oil & become healthier!
Most of the products made by FMCG industry biscuits and chips are not really needed, they are not necessities. Rise in the price of these junk food is not necessarily bad. There is also a plethora of cheap substitutes like margerine and sweetened condensed milk which are being phased out in countries like Thailand. The world actually doesn't NEED that much edible oil.
@@robinsonfrancis1498 totally agree, if anything the waistlines in most parts of the world need reigning in....
These episodes are as good as any research article. Thank You again to Print and SG Sir.
Very true , samosa size has decreased that's why now I eat around 3 samosas. Best thing to eat at eveining.
Masala vada size remains same, price increased. So is uddina vada.
Vendors
From
ON EVERY STREET.
MK
I don't think just gmo will increase the farm yields you need large amount of fertilizers to thus increasing the cost and land degradation and just being stuck with one solution is not right. The main problem with gmo is that the private sector (handful of companies) ends up controlling the seeds which is happening the world over
Again Cut the clutter has deep dived into a subject that is rarely discussed or known in fact. Kudos to this effort SG. 65% import when there is an option to grow it at home is a shame. Hope the push by the govt for Genetically Modified crops and the incentives reach more and more farmers in the near future.
Sorry Sir, the word GHASLET is used for kerosin or gas oil. It was laymen translation of the word gas oil. Laymen call it GASTEL. now covered to ghaslet. It was never used for edible oil
I would love to see a CTC on Vandana Shiva and her movement that stopped GMOs in India.
She introduced/pushed for Organic Fertilizer in Sri Lanka and voila. 😑
@@craumm I she still has the audacity to double down. I don’t understand why any Govt takes these so called environmental activists seriously. They should all just be ignored.
@@kevindsz because she is highly credential-ized. Fancy credentials gets you the ears.
Shekhar ji thanks for having 5 dogs. You are the savior.
We think and eat biscuits for ourselves and give it to poor near temples etc. Whereas at your end these biscuits are meant for dogs. You seems to be not eating them as they are meant for dogs.
You are so kind for dogs and worry about their reduced quantity.
Kudos
Additionally,the hypocrisy around non GM food and huge fuel taxation is very destructive for the overall progress. The unfortunate part is that in India, competency of a political party and individuals to handle issues facing the country is never a parameter in selecting a government ( may it be congress or BJP). Every thing is decided and discussed on an emotional basis.
SG sir, we must discourage sugarcane farming and promote corn 🌽 sugarcane being cash crop is indeed lifeline for it's farmers but the kind of fresh water it is consuming is a threat to our future... And corn 🌽 is best suited for our climatic conditions and we can be an net exporter of corn based product including btye corn oil
Corn is highly subsidized in the US. Indian farmers won't be able to compete. In fact, Americans are looking for alternate to corn now and we should be selling them sugar cane and healthier option than corn and corn syrups
Awesome explanatory & Eye-opening content. Thanks sir & team
The effect of GM is less on the final food product and more on the farm land and environment. There is also the issue of farm land and farming practices becoming enslaved to foreign GM seeds.
Again those same arguments. There is no harm. Single or few genetic changes does not make a mutant invasive species. On top of that cultivation is done in a controlled atmosphere where all crops are harvested. They have no chance to propagate into the wilds. Why do you say these things? What negative effects are going on of Bt cotton?
Lastly the farmers will not buy foreign seeds on their own and we have enough research institutes to carry out genetic engineering. The atmosphere needs to be created.
@@clapog How come Brazilian and Argentinian farmers don't need "long-term safeguarding" from the GM crops? What's so special that they are doing well, and only our farmers will suffer? Don't spread misinformation!
@@clapog Brazil 's economy started going down due to the leftist Dilma Rouseff govt, messing up the finances from 2013 onwards, by not controlling fiscal deficit, by splurging on freebies and borrowing too much. It's nothing to do with agriculture or GM crops.
In the US, coffee is traditionally sold in 1 pound cans. In the US Customary Measuring System, the weight of one pound is equal to 16 ounces. When it comes to coffee, the usual weight of a "1 pound" can is 10.5 ounces.
USA will measure things in any instantly invented yardstick - distance in time, washing machines, Blocks, miles, Tiles🤨🤨🤔.... But not in Metric System.
@@Edward4Plantagenet The US is on the Metric System. We've just never got around to rewriting our cookbooks and road signs. Unlike the rest of the world, we developed a precise system of weights and measures, before the Metric System existed. England only went Metric when they stopped being an Industrial power. It's easy to be on the Metric System, when you don't have to make your machinery compatible with machines that have a lineage that goes back before the French Revolution.
Only 8 crore people pay direct tax in India. Fuel price and edible oil prices are rising which is not in our control. We control wheat price by banning export. While people who has zero contribution for development of our country, ( they don't pay direct tax) wants government to give subsidy on all these things. They just want cheap price for themselves, they don't care what our condition is in future. I hate such people. I mean you are seeing the situation in Nepal, Sri Lanka, Pakistan. We can't provide subsidy just to make you happy and become diwaliya in future.
Many Indians will literally die if there is no subsidy
I was reading an article which suggested that edible oil requirements for the indian nation would grow at around 3.4 percent year on year till 2030 after which it might taper off. India only generates 30 percent of its requirement today. India might not be able to completely support its oil needs via self sufficient cultivation but India should attempt to increase the cultivation area and also use of better seeds. Taxes on oil imports should also be looked at whether it could be further reduced. Thanks for the charts and information. It was very informative
"also use of better seeds." there is a ban on all GMO crops in india, global oil seeds are all GMO
@@zion3335 but oil imported from oil producing countries are based on GM seeds . India should rethink
@@vivekanandholla6730 without GMO seeds oil seeds will only give a fraction of the production of GMO seeds...
@@zion3335 that is what I am stating ...when I state " India should rethink" , it is re-think use of Genetically Modified seeds for cultivation. Also , increase in land area for cultivation can significantly reduce our yearly imports.
@@vivekanandholla6730 india govt will only listen to environmental activists and make policy....not 1 GM crop has been approved, yet, neighboring countries are growing GM vegetables and seeds....but here policy is made on basis of activists demands..how much noise they make...instead of listening to scientists...hence we depend on imports and farmer gets low yield and spend on pesticides....read about BT brinjal....you will come to know....
The major objection to GM is about monopoly of seed companies, not health.
The health concerns need to be swept under the rug, in favor of corporate profits, as well. Often GM crops need to be grown in the climate, with the methods it was developed for. That means "Round-up Ready" soybeans does well on a high mechanized farm in Kansas, but the another farmer, elsewhere in the world, without the equipment and entire agricultural chemical industry behind him might not get the results he wants.
No. There is actually a law under which farmers can be arrested for growing GM crops. There are cases where farmers were literally accused of growing poison, and arrested.
And you are probably talking about patent rights of GM seeds. Without IP protection, there would be no private investment into research on GM crops. This doesn't come for free. Imagine running a research company and not being able to make any profit.
Or the govt should do the research itself, and donate for free. But govt always fail in doing so.
@@rajx7120 Much of the research is done in these public/private partnerships called, "universities." Over the last half century, more and more of the cost of these institutions has been shouldered by the students. Like most things, the many pay to create, while the few get to patent and collect rents for many years to come.
Jalebis need to be made in pure ghee…oil ones taste awful…samosas done in oil are ok though..
Ye log kya jane taste desi h
Ghee me bani jlebi ka
A nice CTC episode from Shekhar ji! Perhaps, the time has come for us Indians to become smarter by modifying our eating habits. Most of the South Indian snacks are made with lesser oil. They are healthy too. Shifting from Rice and Wheat also is healthy and compel farmers to go away from Rice & Wheat.
The option I choose is to minimize the oil consumption in my food, both at home and outside.
I guess the world will become a healthier place because we will cut back on oil consumption.
Very well put. Their is a shortage of food products other than rice and wheat. It is an obvious fact and core of India's agricultural issues. The fact that we are not able to convince our farmers to grow them is continuing failure of successive governments.
That is why it is highly imperative for the farming community especially farmers who have a very less farmland to bound together and from understanding market needs switch to various crops. No government will ever be able convince all farmers and implement a national laws or policy. There will always be a opposition to any government big reforms
In south india coconut Rate not increased. Only selling Rs ₹10 per one piece from formers 🧐. Coconut oil is cheapest
Ah, this is why Kapil Dev said so long ago " Palm oil ka jawaab nahi" :)
Very well explained, the government should do similar kinds of seminars with farmers or their unions to produce more edible oil in India may be through cooperative systems.
I believe Feeding Parle-G or any biscuit for that matter to dogs is not good.. the sugar is them is harmful for them.. a small packet of parle-G costs 5 rupees, an egg also costs more or less the same. So...u know
Those days people just fed whatever food that was left over in the house to the dogs. No additonal cost.
Moose Wala! Musician, Graphic clips, gangs, removal of security..... totally confuse. We need a CTC.
Edible oil has become undigestible for common people in India.
Very good fact based presentation. MSP has made laggards out of our farmers. Easy way out for them is to grow crops which are covered by MSP. One probable error: The claim of Solvent Extractors Association. On screen it showed 25 lakhs tons. But, you said 25 million tons. Please verify and if need be, add a correction note to the video.
ah, best time to upload 00:39 am
Yeah, wake up at 12:00 AM and go to sleep at 4:00 PM
Very interesting
Excellent plz listen this..reduce our import bill
Thanks for the perspective. Helped a great deal.
Hi Amartya,
Thanks for tuning in again. We are glad that you liked this episode of CTC.
Gupta-Je please make a CTC on Punjab's current situations on urgent basis..
Please sir 🙏
May be he is waiting for the Autopsy and Forensic reports.
Knowledge ka pata nahi par iss ctc se bhook zaroor mili hai. Intro sunkar.
There are genuine concerns about GM, which need to be taken seriously. There are reasons why the EU don't allow GM, similarly Mexico has outlawed GM corn. If you allow GM, you allow your food to be owned by corporations, whose only concern is profit - you have no resilience, no independence. Think twice and research GM - check out UK NGOGM Watch for high quality research in this area. The US companies who own patents on GM do not care for your health, and you can be held to ransom by these companies once they own seed. Shekhar is a hostage to his prejudices on this subject, in my opinion. In every other regard I totally respect him and am in admiration of his scholarship and dedication.
Kerosene is called Ghaslet in large parts of the country. Surprised to learn vegetable oil is also called Ghaslet in some parts.
Wake up Government. GMO should be urgently considered. Farm incentives for Oil seed and Pulses need to be updated ASAP. Why should we depend on others to feed us? We urgently need those dollars to pay for our education and industrialization.
For this govt need to work more and show less. These guys spend more time in publicity and marketing of Modi. Our Bureaucrats are selected not from Indian services but from rss services! Wait and see slow and stead destruction and another partition!
Three simple points. Wheat and rice provide basic food security. A shift from self sufficiency to imports, as you imply may not be good.
Inclusion of growth in per capita consumption figures over the decades would have made this CTC edition more meaningful. Is now not a good time to promote public health through a strong campaign that talks about fried food in the diet.
This kharif season soybean and groundnut MSP should be increased significantly to attract farmers towards oilseeds.
घासलेट is मिट्टी का तेल or kerosene not वनस्पति.
dont know why govt. doesnt motivate farmers to grow oil seeds?
Shekhar sir is best 🙏🙏
Great analysis 🧐
'Ghaslate' is Kerosene oil in many parts of Msharashtra
This is an excellent episode. Provides an insight into matters that drive core inflation,namely fuels and edible oils. With 86% fuel import and 65% edible oil import, the entire sloganeering of आत्मनिर्भर भारत is absolutely hollow.
Hi,
Glad that you liked this episode! Do keep tuning in.
Thank you Shekhar Sir for this wonderful analysis.
There is a huge opportunity of growing edible oil seeds in India. Also a good time to reduce oil and go on a diet.
Eye opener, so we need to focus on self sufficiency for our mighty population. All other priorities which we are now being dumped in us can wait.
Shekharji I think it is time you got Anil Ghanwat for a program on the print, maybe walk the talk or some sort of interview so that the general public is educated about indian farming
Your videos are highly informative. But a bit lengthy. Would request to cover same content in less than 10 min.
The punjab people elected a party that is noted for not doing anything. Change has to come in 5 years until then they will free electricity, cartel set minimum market price for rice and wheat. Blame central gov for the wrong things.
Ghanslet in my area is not vegetable oil but rather kerosene in common language
Eye opener!
May be India should start using Olive Oil from Israel,Morocco, Egypt and Greece to reduce this stress. A smart and healthy alternative.
Govt welfare schemes ads in most papers. Healthy economy need self reliant less dependent citizens who do not depend on pension, ration, ashraya, health scheme, water harvest own water, use solar, recycle waste, water, grow garden etc. such citizens should be identified given spl status. govt should spend more on result oriented positive growth schemes. even should regulate population
Why is our govt not allowing the cultivation of GM food crops?
Good topic and analysis...
Ghaslet is a term used for Kerosene in some parts of Hyderabad region. 10:25
Maybe, Punjab can shift from rice and wheat to oilseeds.
Perhaps not from wheat, but there should be lesser rice cultivated in Punjab, there should be a coordinated plan with state govt and central gov to incemtivise oil seed cultivation over there.
GM soya and GM brinjal should be allowed.Just follow Bangladesh!
Ghaslet is used more for kerosene and is derived from English “Gaslight” as kerosene was used for lamps. Interestingly, in Marathi kerosene is called rockel also derived from an English term “rocket-fuel” which kerosene is.
Ghaslet is a colloquial pronunciation of Gaslight which is kerosene..
All food items prices are going upward due to excessive exports of all types of consumables like fruits vegetables all grains n poultry products resulting in huge imbalance between demand n supply
BJP will now say this is good for India's health - people should start eating less fried food and eat boiled or raw
Even non edible oil prices have gone up
We use coconut oil for cooking in kerala.
Shekhar Ji, 'Ghaslate' is not edible oil! It is another name for kerosene!! It is roughly derived from 'gaslight' as kerosene was once used extensively for domestic lighting via lanterns and petromax lights.
Punjab Haryana UP growing Chemical Wheat, Rice & Sugarcane.
If they shift to edible oil & pulses, that would be better if not best.
Farmers of Punjab do not want to put efforts to market their produce
They just want to grow rice and give it to the Government
petroleum products we need to import. why not we encourage agri based edible oils self reliant
Good info
CTC on Sidhu Singer
Question here is whether our farmers wants to do this? Again going to the old dog "The farm laws".
Farmers do not want to pay Monsanto every year upfront for seeds. The issue is not about GM seeds but it is more about the loss of farmers right to make seeds from their crops like they are allowed to do now.
@@Myanmartiger921 WTF?
Ghalat is kerosene, not hydrogenated oil/ banspati
Are cheecha ghaslet ko kerosene bolte hain. To apke bolne ka matlb hua ki usme khana pkate hain log rural area me.. Kuch bhi matlb kuch bhi
Word Ghaslet is used for kerosene.
Thank.u
Shekhar uncle, feeding dogs ParleG is a big No No!!!
Hi - Ghaslet is Kerosene and not palm oil. Please check this - never heard anything different - DINESH
Need subtitles also ..
Few pockets of Andhra took initiatives and moved to palm oil cultivation and aqua culture this reducing paddy
The local oil manufactues are razed down and squeezed to death and now all the nonsense of inflation.. pls check what are you consuming by product of oil refinery or cooking OIL
This now demands an episode on gm crops.
Sir, The fossil fuels can't be produced in excess of what is available in the Earth's Womb, hence for fulfilling the country's needs it is essential to import from other countries. But in case of edible oils , we can be self sufficient within a decade , if we encourage farmers to grow Palm trees by way of giving more incentives (as India is having climatic conditions especially in southern India ,similar to Malasia and suit for intensive Palm cultivation) . Only thing needed is Govt's strong will in this regard. Regarding the GM foods like Soya bean oil, certainly some are carcinogenic, and care should be taken by Govt. before it is permitted, unless it was proved otherwise. For growing ground nuts, sun flower crops , Govt should encourage as a crop rotation to increase the fertility of land and to boost up the Oil production.
We should thanks good dieticians like Rujuta for constantly guiding us to shift to our regional oil
Original thinking !
Good analysis but more data required for cultivation pattern andi if 50% atmanirbharta is possible
Gupta ji 🙏
Sir,
Refer ro above please have word on the following
# 70% IND. are non veg
Fish oil/animal fat is used by many indian.
This can *reduce some price load*
#What about *corn oil*. Which is common in US & other corn producer countries
But the problem instead of taking government approach most them sat on the corridors including some Coveted CM in protest.
Ghaslate means kerosene in gujrati
Sir gasket is the namefor kerosene.
Hope the book will be available in Pakistan?