Overview
India launched the National Mission on Edible Oils – Oil Palm (NMEO-OP) in 2021. It is a Centrally Sponsored Scheme with an outlay of Rs11,040 crore. The mission focuses on oil palm cultivation, crude palm oil (CPO) production, and improving edible oilseed availability in India. India imports about 60% of its edible oil needs. Palm oil alone accounts for 59% of total edible oil imports. The mission aims to reduce this dependence by expanding oil palm farming and increasing domestic CPO output.
Month: Current Affairs - May 24, 2026
Category: Agriculture, Economy