Truths, myths and lies about Oil palm cultivation – Must read by every citizen

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As a nation although Sri Lankans are ahead of the literacy curve in terms of writing and reading, are very backward in terms of wisdom. Thus  that wisdom vacuum  is filled with  hypocrisy and stupidity. That’s why people stood in kilometers long queues to get the so-called corona medicine made by a trickster named Dhammika in Kegalle.

Another time, they promoted  Kuwait Kumari who sang by asshole. While they promote Kuwait Kumari they  criticized Yohani, a super singer who conquered the world.

In 2019, those citizens enthroned Gotabhaya Rajapaksa, who was utmost unfit to rule the Country .After Gotabhaya became the President, he worked like a bull in a China shop.  “Gota” was a rubber seal for smugglers. His stupid decisions bankrupted the country.

Some of Gotabaya’s stupid decisions are as follows

1. Closure of air port During Corona pandemic and subsequent  quarantine scam
2. Ban on  burial Corona dead bodies that shattered the nation harmony
3. Ban on chemical fertilizers
4. Ban on oil palm cultivation

Today we are talking about banning oil palm cultivation.  Palm oil is  an edible vegetable oil that comes from the fruit of oil palm trees .It mainly contains 3 types of fats such as saturated, monounsaturated and polyunsaturated. Since  palm oil contains more unsaturated fat and polyunsaturated fat, it  consider as a heathy product .

in context of  Sri Lanka 80% of edible oil consumption  is palm oil. Coconut oil share is 12%, Globally palm oil consumption  is 62 % .

And most human foods contain palm oil. Mainly  margarine, ice cream, biscuits, processed meat products, chocolate, confectionery, instant noodles, and milk powder contains palm oil. Also, perishable foods such as biscuits and sweets cannot be produced using coconut oil and it is essential to use palm oil.

Sri Lanka is a country that imports palm oil and spends  270 million US dollars  per year. In other words, this  amount is close to the Foreign exchange cost of importing chemical fertilizers per year.

Mainly 2 reasons influenced the  Gotabaya to ban the oil palm cultivation

1. Power of black money  and wrong data that given by the local coconut oil sellers who disguised as patriots

2. Giving a market monopoly to Gota’s  business partner Pyramid Wilma

Nevertheless above 2 points were  hidden . Gota showed the country that the reason for banning oil palm is to encourage local coconut oil production and saving the environment

In Sri Lanka It is practically impossible to use coconut oil as a substitute for palm oil . At present, the average coconut yield in the country is metric ton 0.8 per hectare. In order to replace palm oil with coconut oil, the coconut cultivation area should be increased by five times. But there is no such large amount of land in this country.

Generally  Oil Palm yield is metric ton 4  per hectare.  It is possible to meet the country’s edible oil requirement by oil palm cultivation also  saving millions of dollars  that goes to oversees as well generates thousand of jobs.

Comparative advantage of oil palm cultivation

1. Planting  and maintenance is easy
2. Weed control is not necessary
3. One worker can easily maintain more than an acre of cultivated plot
4. Less pest damage
5. Harvest can start after 4 years and same can be continue  for 20 years.
6. Harvest can be done for whole year
7. As one worker can maintain a large plot of land, their earnings are  high

The ruling party 2014-2019  supported the oil palm cultivation  as they considered the advantages of it . During their rule , 12000 hectares of oil  palms were cultivated. More than 26 billion rupees were invested . Nearly 5000 job opportunities were created. But Gotabaya issued a gazette and banned  oil palm sector by overnight. Gotabaya’s  move was a terror act on  investors. Same was  badly affected the entire investment industry.

It is worthy to note, All the reasons given by Gotabaya to ban  oil palm is bogus and unreasonable.  It is very simmer to  so-called ban  that imposed on the burial of Corona dead bodies .

Gota said that the main aim of impose ban on  oil palm cultivation  is to protect underground water and springs. But All the data and formulas used by Gota to justify the  ban  was point less.

As of now 18% of Malaysia’s land is used for oil palm cultivation . Further it is a crop that has been cultivating since 50 years. But there has no record of groundwater depletion in Malaysia. And the contribution of oil  palm  to the country’s gross national production  is 2.7%. They earn  US $9 billion by  palm oil exporting . That is more than the amount of foreign exchange that Sri Lanka earns from the apparel  and tourism industry. In more  5 lakh Malaysians have got job opportunities in the farm oil industry.

When the so-called professors of Sri Lanka advised  Gotabayata  to ban oil palm  cultivation, India’s scholars advised Narendra Modi to increase  oil palm  cultivation.   Narendra Modi was advised  so by the  Commission for Scientific and Technical Terminology  of India and  it  not a group of so-called scholars  like the local cult that advised Gotabaya . It is a fit and proper  institute established by Prime Minister Shri Nehru in 1960 to pursue new knowledge.

THE   Commission for Scientific and Technical Terminology  of India advised Modi to increase India’s oil palm  cultivation by 2 million hectares. Accordingly, Modi introduced subsidies and bank loans for oil palm industry .

Today Former Finance Minister Ravi Karunanayake has taken the lead to re-permit farm cultivation which was arbitrarily banned by Gota. Ravi is a practical man who deals with new economic trends paradigms and parameters throughout  the world. It is a good that Ravi taking  the lead in revising Gota’s wrong economic moves and reset it in accordance with  the new world trends.

Moreover, the following projects started by Ravi while he heading the finance ministry  should be restarted.

1. The project  that connecting Sri Lanka to the global e-commerce platform and acquiring facilities such as PayPal
2. Dry port concept.
3. Project to allow foreign trade ships to  register  under the Sri Lankan flag.
4. Creating an ocean economy