PM announces Rs 11,000 cr plan to make India self-sufficient in edible oil

Targets to raise domestic palm oil production three times to 1.1 mn tonnes by 2025-26

As India’s import dependency on edible oil continues to rise, Prime Minister Narendra Modi today announced a Rs 11,000 crore National Edible Oil Mission-Oil Palm (NMEO-OP) to make India self-sufficient in cooking oils, including palm oil.

“The government will ensure that farmers get all the facilities, from quality seeds to technology under the mission,” Modi said while addressing a virtual event on the occasion of release of an installment of PM-KISAN.

Modi also said while India has become self-sufficient in rice, wheat and sugar, it was not enough as the country is hugely dependent on imported edible oils.

The Centre