News Today Logo

Posted 04 Oct 2024

2 min read

About NMEO-Oilseeds

  • Aim: Boost domestic oilseed production, achieve self-reliance in edible and boosting farmers' incomes.
    • Currently, imports account for 57% of India’s domestic demand for edible oils.
  • Focus 
    • Enhancing the production of key primary oilseed crops (Rapeseed-Mustard, Groundnut, Soybean, Sunflower, and Sesamum)
    •  Increasing collection and extraction efficiency from secondary sources (Cottonseed, Rice Bran, and Tree Borne Oils).
  • Approach: 
    • Adoption of high-yielding high oil content seed varieties. 
    • Extending cultivation into rice and potato fallow lands, promoting intercropping, and promoting crop diversification.
    • Value Chain Clusters will be developed across 347 unique districts to provide farmers access to high-quality seeds, training on Good Agricultural Practices (GAP), and advisory services on weather and pest management.
  • Timely availability of quality seeds
    • SATHI Portal: Mission will introduce an Online 5-year rolling seed plan through the SATHI (Seed Authentication, Traceability & Holistic Inventory) Portal. 
      • SATHI will enable States to establish advance tie-ups with seed-producing agencies (cooperatives, FPOs, and government or private seed corporations).
    • New seed hubs and seed storage units will be set up
  • Tenure: 7 years (from 2024-25 to 2030-31)

 

Other Initiatives taken to promote domestic edible oils production

  • National Mission on Edible Oils – Oil Palm (NMEO-OP) : launched in 2021 to boost oil palm cultivation in the country.
  • Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) ensures that oilseed farmers receive MSP through price support scheme and price deficiency payment scheme.
  • 20% import duty on edible oils has been imposed to protect domestic producers from cheap imports and encourage local cultivation.
  • Tags :
  • NMEO-OP
  • PM-AASHA
  • NMEO-Oilseeds
  • SATHI
Watch News Today
Width resize handle
Height resize handle

Search Notes

Filter Notes

No notes yet

Create your first note to get started.

No notes found

Try adjusting your search criteria.

Subscribe for Premium Features