We will launch a new mission to achieve self-sufficiency in oilseeds.
The National Food Security Mission-Oilseeds (NFSM-OS) was launched during 2018-19 to augment the availability of edible oils and reduce the import burden by increasing the production and productivity of oilseeds -- groundnut, soybean, rapeseed and mustard, sunflower, safflower, sesame, niger, linseed, and castor -- and area expansion of oil palm and tree-borne oilseeds, such as olive, mahua, kokum, wild apricot, neem, jojoba, karanja, tung, cheura, and jatropha. Despite all efforts, the import bill of vegetable oils rose 187 per cent to $20.84 billion during 2023-24 over $7.24 billion during 2013-14 (the last year of the UPA-II government).