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National Mission on Edible Oils
August 21 , 2021
1120 days
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- The Cabinet approved the ‘National Mission on Edible Oils — Oil Palm (NMEO-OP)”.
- This approval was given in order to promote the domestic cultivation of oil palm in next five years.
- It will help in reducing India’s dependence on imports.
- The decision was taken after Prime Minister Narendra Modi announced this new Central scheme on August 15.
About the scheme
- The National Mission on Edible Oils is a centrally sponsored scheme.
- This scheme will subsume the “National Food Security Mission-Oil Palm programme.
- It was launched in line with the Aatma Nirbhar Bharat scheme.
- The National Mission on Edible Oil was launched with the aim of covering oil palm in an additional area of 6.5 lakh hectare by 2025-26.
- It seeks to reach the target of 10 lakh hectares.
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