India Government Approves National Mission on Edible Oils-Oilseeds for 2024-25 to 2030-31

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the National Mission on Edible Oils-Oilseeds (NMEO-Oilseeds), a landmark initiative aimed at boosting domestic oilseed production and achieving self-reliance (Atmanirbhar Bharat) in edible oils, the Press Information Bureau said in a press release on October 03. The Mission will be implemented over a seven-year period, from 2024-25 to 2030-31, with financial outlay of Rs10,103 crore. 
The newly approved NMEO-Oilseeds will focus on enhancing the production of key primary oilseed crops such as Rapeseed-Mustard, Groundnut, Soybean, Sunflower, and Sesamum, as well as increasing collection and extraction efficiency from secondary sources like Cottonseed, Rice Bran, and Tree Borne Oils.  The mission aims to increase primary oilseed production from 39 million tons (2022-23) to 69.7 million tons by 2030-31.  Together with NMEO-OP (Oil Palm), the Mission targets to increase domestic edible oil production to 25.45 million tons by 2030-31, meeting around 72% of projected domestic requirement