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NITI Aayog Released Report on “Pathways and Strategies for Accelerating Growth in Edible Oil Towards the Goal of Atmanirbharta”

Published on September 02, 2024
Current Context: On 29th August, NITI Aayog recently released a report titled “Pathways and Strategies for Accelerating Growth in Edible Oils Towards the Goal of Atmanirbharta”.
NITI Aayog Released Report on “Pathways and Strategies for Accelerating Growth in Edible Oil Towards the Goal of Atmanirbharta”
  • The report highlights the significant gap between India’s edible oil demand and domestic production, which has led to heavy reliance on imports.
  • Key points from the report include:
    • Current Consumption: India’s per capita consumption of edible oil has risen to 19.7 kg/year.
    • Import Dependency: In 2022-23, India imported 16.5 million tonnes of edible oils, with domestic production meeting only 40-45% of the demand.
    • Future Projections: Under a Business-As-Usual (BAU) scenario, the national supply of edible oil is projected to increase to 16 million tonnes by 2030 and 26.7 million tonnes by 2047.
    • Strategies for Self-Sufficiency: The report outlines various strategies to bridge the demand-supply gap, including enhancing domestic production and exploring new approaches to achieve self-sufficiency.
  • This comprehensive roadmap aims to reduce dependency on imports and promote self-reliance in the edible oil sector.

Question:

1 What is India's current per capita consumption of edible oil, as mentioned in the NITI Aayog’s “Pathways and Strategies for Accelerating Growth in Edible Oil Towards the Goal of Atmanirbharta” report?

  • A) 15.5 kg/year
  • B) 19.7 kg/year
  • C) 21.2 kg/year
  • D) 25.3 kg/year
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