NEW DELHI: With an aim to make India self-reliant in oilseeds production in the next seven years, the cabinet on Thursday approved the 'National Mission on Edible Oils-Oilseeds' (NMEO-Oilseeds) with an outlay of Rs 10,103 crore during 2024-25 to 2030-31.
The focus of NMEO-Oilseeds will be on increasing productivity through innovation and technological interventions, and bringing more areas under oilseeds cultivation. Currently, the country is heavily reliant on imports which account for 57% of its domestic demand for edible oils .
"The Cabinet's approval for a National Mission on Edible Oils-Oilseeds (NMEO-Oilseeds) is a major step towards Atmanirbharta . This mission will boost domestic oilseed production, support hardworking farmers and encourage sustainable agricultural practices," PM Modi wrote on X. The Mission will be part of the Krishonnati Yojana (KY) - one of the two umbrella schemes approved by the cabinet - as one of its nine components with other existing schemes including a separate one on palm oils.
"The newly-approved NMEO-Oilseeds will focus on enhancing the production of key primary oilseed crops such as rapeseed-mustard, groundnut, soybean, sunflower, and sesamum, as well as increasing collection and extraction efficiency from secondary sources like cottonseed, rice bran and tree borne oils," said I&B minister Ashwini Vaishnaw, while sharing details on the cabinet decision. The mission aims to increase primary oilseed production from 39 million tonnes (2022-23) to 69.7 million tonnes by 2030-31. "This will be achieved by promoting adoption of high-yielding high oil content seed varieties, extending cultivation into rice fallow areas, and promoting intercropping," said Vaishnaw. To ensure the timely availability of quality seeds, NMEO-Oilseeds will introduce an online five-year rolling seed plan that will enable states to establish advance tie-ups with seed-producing agencies, including cooperatives, farmer producer organizations (FPOs), and govt or private seed corporations.
The focus of NMEO-Oilseeds will be on increasing productivity through innovation and technological interventions, and bringing more areas under oilseeds cultivation. Currently, the country is heavily reliant on imports which account for 57% of its domestic demand for edible oils .
"The Cabinet's approval for a National Mission on Edible Oils-Oilseeds (NMEO-Oilseeds) is a major step towards Atmanirbharta . This mission will boost domestic oilseed production, support hardworking farmers and encourage sustainable agricultural practices," PM Modi wrote on X. The Mission will be part of the Krishonnati Yojana (KY) - one of the two umbrella schemes approved by the cabinet - as one of its nine components with other existing schemes including a separate one on palm oils.
"The newly-approved NMEO-Oilseeds will focus on enhancing the production of key primary oilseed crops such as rapeseed-mustard, groundnut, soybean, sunflower, and sesamum, as well as increasing collection and extraction efficiency from secondary sources like cottonseed, rice bran and tree borne oils," said I&B minister Ashwini Vaishnaw, while sharing details on the cabinet decision. The mission aims to increase primary oilseed production from 39 million tonnes (2022-23) to 69.7 million tonnes by 2030-31. "This will be achieved by promoting adoption of high-yielding high oil content seed varieties, extending cultivation into rice fallow areas, and promoting intercropping," said Vaishnaw. To ensure the timely availability of quality seeds, NMEO-Oilseeds will introduce an online five-year rolling seed plan that will enable states to establish advance tie-ups with seed-producing agencies, including cooperatives, farmer producer organizations (FPOs), and govt or private seed corporations.
You may also like
24-year-old factory worker undergoes successful hand reimplantation at Delhi's Dr. RML Hospital
Why gau rakshaks are not unconditionally backing BJP in Haryana's elections
Patrick Mahomes comments speak volumes as Kansas City Chiefs make injury decision
US 'Discussing' Strikes On Iranian Oil Sites With Israel