Cabinet approves Rs 11,400 crore National Mission on edible oils-oil palm

Aug 18, 2021
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NEW DELHI: The Union Cabinet on Wednesday permitted the Rs 11,040 crore Nationwide Mission on edible oils-oil palm (NMEO-OP) to chop again dependence on imported edible oils.
In a media interaction after the Cabinet meeting, information and broadcasting minister Anurag Thakur said that the scheme can have a selected take care of he northeast space and the Andaman and Nicobar Islands.
The plan focuses on rising the world beneath oilseeds, enhance productiveness of palm oil and help oilseed gardens.
It will moreover help in utilising the large potential house and in the reduction of import dependency for palm oil, the minister said.
The scheme moreover affords worth assurance to grease palm farmers for modern fruit bunches.
“Ensuing from heavy dependence on imports for edible oils, you’ll need to make efforts for rising the house manufacturing of edible oils throughout which rising house and productiveness of oil palm performs an very important half,” Thakur said.
The selection comes after Prime Minister Narendra Modi launched the model new central scheme on August 15 all through his Independence Day speech at Purple Fort.



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