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.
