{"id":133308,"date":"2021-09-11T19:00:24","date_gmt":"2021-09-11T13:30:24","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=133308"},"modified":"2021-09-13T18:51:51","modified_gmt":"2021-09-13T13:21:51","slug":"trading-orangutans-for-palm-oil","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/trading-orangutans-for-palm-oil\/","title":{"rendered":"Trading Orangutans for palm oil"},"content":{"rendered":"\n<p><strong>Synopsis<\/strong>: Instead of implementing Oil Palm mission, the government can look to set up sanctuary for endangered animal species.<\/p>\n<h5><strong>Introduction<\/strong><\/h5>\n<p>One of the problematic items in economic and environmental terms in the Indian food basket is edible oil. India imports 60 per cent of its cooking oils, and more than half those imports are of palm oil, sourced from Malaysia and Indonesia.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Must Read<\/strong>: <span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/forumias.com\/blog\/palm-oil-and-environmental-social-challenges-in-india-the-road-ahead\/\" target=\"_blank\" rel=\"noopener\">Palm oil and environmental and social challenges in India<\/a><\/strong>\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The import bill for edible oil comes to around Rs 80,000 crore. In the interest of atmanirbharata and cutting down forex outflows, the government has set up a <span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/forumias.com\/blog\/cabinet-approves-implementation-of-national-mission-on-edible-oils-oil-palm\/\" target=\"_blank\" rel=\"noopener\">Rs 11,000-crore mission<\/a><\/strong><\/span> to incentivize palm oil\u00a0production.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Previous articles on Palm oil<\/strong><\/p>\n<ul>\n<li><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/forumias.com\/blog\/why-attempts-to-boost-oil-palm-farming-may-work\/\">Why attempts to boost oil palm farming may work?<\/a><\/strong><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/forumias.com\/blog\/explore-unconventional-sources-of-edible-oil\/\">Explore unconventional sources of edible oil<\/a><\/strong><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/forumias.com\/blog\/the-dangers-of-indias-palm-oil-push\/\">The dangers of India&#8217;s palm oil push<\/a><\/strong><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/forumias.com\/blog\/no-realistic-plan-of-reducing-import-dependence-in-edible-oils-is-possible-without-recognising-the-role-of-oil-palm\/\">No realistic plan of reducing import dependence in edible oils is possible without recognising the role of oil palm<\/a><\/strong><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/forumias.com\/blog\/why-palm-wont-fix-indias-edible-oil-woes\/\">Why palm won&#8217;t fix India&#8217;s edible oil woes<\/a><\/strong><\/span><\/li>\n<li><a href=\"https:\/\/forumias.com\/blog\/issues-associated-with-the-oil-palm-promotion\/\"><span style=\"color: #0000ff;\"><strong>Issues associated with oil palm promotion &#8211; Explained, pointwise<\/strong><\/span><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h5><strong>What are some advantages &amp; applications of oil palm?<\/strong><\/h5>\n<p>It is an evergreen plant with a very high-yield.<\/p>\n<p>The oil doesn\u2019t spoil at room temperature. It doesn\u2019t have a strong smell, and it\u2019s colourless. Hence, it\u2019s versatile and used in pizzas, chocolate and doughnuts apart from being a staple of many Asian cuisines.<\/p>\n<p>It\u2019s also used as a base in deodorant, shampoo, toothpaste and lipstick and as a biofuel. Replacing it with alternatives would take much more land.<\/p>\n<h5><strong>What is a possible alternative instead of implementing the oil palm mission?<\/strong><\/h5>\n<p><strong>Set up orangutan, pygmy elephant and Java rhino sanctuaries in the target areas<\/strong> instead. Those habitats are suitable. The Andamans are practically part of Indonesia in geographical terms, with similar climates and forestation. So are those parts of the Northeast where palm oil can be cultivated.<\/p>\n<p>Importing the animals, and generating suitable vegetation for their consumption, may take a little time. But there would be positive payoffs.<\/p>\n<p>One is <strong>high-end tourism.<\/strong> Orangutan safaris could generate forex. Global investor community will see India in a positive light for implementing such a scheme.<\/p>\n<p>It may sound crazy and ambitious but an orangutan mission may be a better option than a palm oil mission.<\/p>\n<p><strong>Source<\/strong>: This post is based on the article \u201c<strong>Trading Orangutans for palm oil<\/strong>\u201d published in <strong>Business Standard<\/strong> on <strong>10th Sep 2021<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Synopsis: Instead of implementing Oil Palm mission, the government can look to set up sanctuary for endangered animal species. Introduction One of the problematic items in economic and environmental terms in the Indian food basket is edible oil. India imports 60 per cent of its cooking oils, and more than half those imports are of&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/trading-orangutans-for-palm-oil\/\">Continue reading <span class=\"screen-reader-text\">Trading Orangutans for palm oil<\/span><\/a><\/p>\n","protected":false},"author":10328,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[9638,216,8816,9109],"class_list":["post-133308","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-edible-oil","tag-gs-paper-3","tag-major-crops-and-cropping-patterns","tag-palm-oil-production","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1703586073},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/133308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10328"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=133308"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/133308\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=133308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=133308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=133308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}