SEA seeks targeted interventions to sustain momentum towards edible oil self-reliance
SEA President Sanjeev Asthana urged region-specific incentives, assured procurement, and yield programmes to boost edible oil self-reliance. Kharif oilseed sowing fell to 178.64 lh from 185.38 lh last year, as farmers shifted to maize for ethanol and feed demand. Soyabean and groundnut acreage dropped, while castor seed gained modestly.
SEA President emphasizes region-specific incentives, assured procurement, and yield improvement programmes
The Solvent- Extractors’ Association of India (SEA) has underscored the need for targeted interventions such as region-specific incentives, assured procurement, and yield improvement programmes to sustain momentum towards edible oil self-reliance.
In his monthly letter to SEA members on Wednesday, Sanjeev Asthana, SEA President, said kharif oilseed sowing stood at 178.64 lakh hectares (lh) as on August 15, down by 6.74 lh, from last year’s final acreage of 185.38 lh.
The decline reflects a shift in farmer preference towards competing crops such as maize, driven by ethanol and feed demand. While castor seed has shown modest gains, major crops such as soyabean and groundnut have seen reductions signalling the need to reinforce crop profitability and farmer confidence, he said.
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Source : The Hindu Business line
