Edible Oil News in English

Centre aims to increase oil seed production to 70 million tonnes by 2031

​The Indian government has launched the National Mission on Edible Oils–Oilseeds (NMEO-OS) with an outlay of ₹10,103 crore to boost domestic oilseed production from 39 million tonnes in 2022-23 to 69.7 million tonnes by 2030-31. The mission aims to reduce India’s reliance on edible oil imports by promoting cultivation of key oilseeds like rapeseed-mustard, groundnut, soybean, sunflower, and sesamum. ​

The Union government has launched National Mission on Edible Oils–Oilseeds (NMEO-OS) with an outlay of Rs 10,103.38 crore to boost the domestic oilseed production to 70 million tonnes by 2030-31 from the current 39 million tonnes, Minister of State for Consumer Affairs, Food & Public Distribution Nimuben Jayantibhai Bambhaniya has said in Parliament.

In response to a question posed by Nellore MP Vemireddy Prabhakar Reddy, Ms. Bambhaniya said, “Around 57% of edible oil requirement is met through imports as the domestic production is unable to meet the demand. The NMEO-OS aims to enhance the production of key primary oilseed crops such as rapeseed-mustard, groundnut, soyabean, sunflower and sesamum, as well as increasing its collection and extraction efficiency from secondary sources.”

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Source : The Hindu

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