Happy Diwali - DIWALI24

Join Here

‘National Edible Oil Mission-Oil Palm (NMEO-OP)’

Published on August 10, 2021
Current Context: Prime Minister Narendra Modi announced ‘National Edible Oil Mission-Oil Palm (NMEO-OP)’.
‘National Edible Oil Mission-Oil Palm (NMEO-OP)’
  • The mission was launched to make India self-sufficient in cooking oils by inducting ‘palm oil’.
  • He announced that Rs 11,000 crore will be invested in the edible oil ecosystem.
  • Currently, India is not sufficient in edible oils and has to be dependent on imports in huge numbers. Therefore, to make India self-sufficient in terms of edible oils, the mission was launched.
  • Under the mission, the central government will offer facilities like quality seeds and technology to the farmers to produce palm oil and other oil seeds.
  • The mission will focus on the cultivation of oil palm.
  • While launching the mission, PM Modi mentioned that north-eastern states and Andaman and the Nicobar Islands should perform palm farming.
  • The mission will also help to raise the income of farmers.
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu