Prime Minister Narendra Modi on Monday announced a National Edible Oil Mission-Oil Palm (NMEO-OP) to make India self-sufficient in cooking oils, including palm oil, as he stressed on reducing the dependence on imports.
Addressing a virtual event on PM-Kisan scheme, he said over Rs 11,000 crore will be invested in the edible oil ecosystem.On the occasion, Modi said while India has become self sufficient or Aatamnirbhar in production of rice, wheat and sugar, but it was not enough as the country is dependent on huge imports of edible oils.
The Prime Minister said the government will ensure that farmers get all facilities, from quality seeds to technology to promote farming to produce palm oil and other oil seeds.The Prime Minister said north-eastern states and Andaman and Nicobar Islands could be promoted for palm farming.
Source : Economic Times
