Outlay
Rs11,040 crore |
| Area target (2025-26) |
6.5 lakh hectares |
| Area covered (Nov 2025) |
6.20 lakh hectares |
| Long-term area target |
10 lakh hectares |
| CPO production (2014-15) |
1.91 lakh tonnes |
| CPO production (2024-25) |
3.80 lakh tonnes |
| CPO target (2025-26) |
11.20 lakh tonnes |
| CPO target (2029-30) |
28 lakh tonnes |
| India’s edible oil import dependence |
About 60% |
| Palm oil share in imports |
59% |
| Main import sources |
Indonesia and Malaysia |
| India’s edible oil import bill (2024-25) |
~USD 18.3 billion |
| State with 80% CPO production |
Andhra Pradesh |
| Gestation period of oil palm |
4-5 years |
| Processing window for FFBs |
24-48 hours after harvest |
| Water requirement |
More than double that of marginal rice |
| Pricing mechanism |
Monthly Formula Price + Annual Viability Price |
| Recent public health appeal |
PM Modi urged 10% reduction in oil consumption (20 May 2026) |
FAQs
Q1: When was the National Mission on Edible Oils – Oil Palm launched?
Ans: It was launched in 2021.
Q2: What is the total outlay of NMEO-OP?
Ans: The total outlay is Rs11,040 crore.
Q3: How much of India’s edible oil requirement is met by imports?
Ans: About 60% of India’s edible oil requirement is met by imports.
Q4: Which state produces the most crude palm oil in India?
Ans: Andhra Pradesh accounts
Month: Current Affairs - May 24, 2026
Category: Agriculture, Economy