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Friday, December 20, 2024 | 04:03 AM ISTEN Hindi

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Govt planning to launch National Mission on Edible Oil in the near future

Experts have suggested activating the oilseed mission and creating an oilseed development fund while looking at possibility of allowing GM oilseeds into the country

oil, oilseed, production, edible
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Rajesh Bhayani Mumbai
As reliance on imported edible oil is growing, India needs to relook at ways to address it to improve domestic availability. Two thirds of the domestic demand is met by imported oil and this is considered very high.
 
Experts have suggested creating an oilseed development fund while looking at the possibility of permitting GM oilseeds to raise domestic availability. So far, government policies have focused on restricting imports and some tariff measures.
 
“The government is seriously concerned about stagnant oilseeds production and the rising import of edible oils to the tune of 15 million tonnes per annum, costing

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