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Oilseeds

Over-reliance on imports hampers India's edible oil self-sufficiency plan

Dependence on import for meeting the domestic requirements of this mass-consumed kitchen staple has continued to remain untenably high

Over-reliance on imports hampers India's edible oil self-sufficiency plan
Updated On : 22 Dec 2024 | 10:55 PM IST

BARC launches high-yield, climate-resilient varieties of wheat, rice

The Bhabha Atomic Research Centre (BARC), Mumbai, has introduced eight new high-yielding, climate-resilient varieties of wheat, rice and oilseeds, it said on Friday. Developed using radiation-based mutation breeding techniques, these non-GMO crop varieties are set to "revolutionise" agriculture across India, the BARC said in a statement here. The new varieties -- five cereals and three oilseeds -- are tailored to diverse agricultural conditions and were launched in collaboration with state agricultural universities. Speaking at the launch, Ajit Kumar Mohanty, Secretary of the Department of Atomic Energy (DAE) and Chairman of the Atomic Energy Commission, highlighted BARC's significant contribution in enhancing farmer incomes and boosting food and nutritional security. Vivek Bhasin, Director, BARC, called these varieties a "boon for farmers" due to their early maturity, disease resistance, climate resilience, salt tolerance, and higher yields compared to existing options. India's

BARC launches high-yield, climate-resilient varieties of wheat, rice
Updated On : 07 Dec 2024 | 7:40 AM IST

Cabinet rationalises agri schemes into 2; okays Rs 10K cr Oilseeds Mission

The Central share in the Rs 101,321 crore allocation is Rs 69,088.98 crore, and the state share is Rs 32,232.63 crore

Cabinet rationalises agri schemes into 2; okays Rs 10K cr Oilseeds Mission
Updated On : 04 Oct 2024 | 12:14 AM IST

Govt okays National Mission on Edible Oils-Oilseeds with Rs 10K cr outlay

The government on Thursday approved National Mission on Edible Oils-Oilseeds with an outlay of Rs 10,103 crore to make India self-sufficient in cooking oils. India imports more than 50 per cent of its annual edible oil requirement. "With an aim to make India self reliant in oilseed production in next 7 years, Cabinet approves National Mission on Edible Oils '? Oilseeds (NMEO-Oilseeds) for 2024-25 to 2030-31 with outlay of Rs 10,103 crore," the government said on social media platform X. The mission aims to increase primary oilseed production from 39 million tonnes in 2022-23 to 69.7 million tonnes by 2030-31, the government said. "It seeks to extend oilseed cultivation by an additional 40 lakh hectares," it added. India imports palm oil from Indonesia and Malaysia while soyabean oil is imported from Brazil and Argentina. Sunflower comes mainly from Russia and Ukraine.

Govt okays National Mission on Edible Oils-Oilseeds with Rs 10K cr outlay
Updated On : 03 Oct 2024 | 8:53 PM IST

India likely to experience 'above-normal' rainfall in July, says IMD

A strong kharif output particularly that of pulses and oilseeds is likely to help the government in its fight against inflation

India likely to experience 'above-normal' rainfall in July, says IMD
Updated On : 01 Jul 2024 | 11:20 PM IST

Govt seeks to boost oilseed output to cut expensive vegetable oil imports

India, the world's biggest vegetable oil importer, spent a record $20.8 billion on its edible oil purchases in the fiscal year to March 2023

Govt seeks to boost oilseed output to cut expensive vegetable oil imports
Updated On : 01 Feb 2024 | 4:31 PM IST

Oilseed exports may grow by 10-15% this fiscal as traders get good orders

India's oilseed exports are expected to grow by 10-15 per cent during this fiscal as traders are getting good orders from regions like Southeast Asia, Latin America and Africa, according to exporters. In 2022-23, the oilseed exports rose by over 20 per cent to USD 1.33 billion (around Rs 10,900 crore). The main oilseeds exported by the country are groundnut, sesame, soyabean, castor, niger, and sunflower. Former Chairman Indian Oilseeds and Produce Export Promotion Council (IOPEPC) Khushwant Jain said the order books are good and "we expect healthy growth this year also". Soyabean and groundnut occupy 61 per cent and 23 per cent, respectively of the total kharif oilseeds area, he said adding the planting of sunflower stands at 19.7 per cent and sesame at 12.4 per cent. He said Madhya Pradesh alone has one-third (34.64 per cent) of the national oilseeds area followed by Maharashtra (22 per cent), Gujarat (13.53 per cent) Rajasthan (11.43 per cent), Karnataka (5.04 per cent), Andhra

Oilseed exports may grow by 10-15% this fiscal as traders get good orders
Updated On : 26 Jun 2023 | 12:27 PM IST

Slow progress of monsoon causing delay in sowing of oilseeds: SEA

Area sown to oilseeds remained low at 0.41 million hectares till last week, as against 0.48 million hectares in the year-ago period

Slow progress of monsoon causing delay in sowing of oilseeds: SEA
Updated On : 22 Jun 2023 | 10:48 PM IST
Updated On : 21 Apr 2023 | 11:41 PM IST

Uttar Pradesh govt looks to boost production of millets and oilseeds

The millets offer a spectrum of low risk crops, which are resilient to climate change

Uttar Pradesh govt looks to boost production of millets and oilseeds
Updated On : 10 Apr 2023 | 10:38 PM IST

Ukraine's combined grain, oilseeds harvest to fall 7% this year: Minister

The contamination of more than 2.6 million hectares of Ukraine's agricultural lands with landmines is one of the main causes for the projected harvest decline, she said

Ukraine's combined grain, oilseeds harvest to fall 7% this year: Minister
Updated On : 31 Mar 2023 | 1:05 PM IST

Wheat sowing up 3% so far this rabi season; oilseeds area up 8%: Govt

Wheat acreage has increased 3 per cent so far in the ongoing rabi season at 286.5 lakh hectare mainly on higher sowing area in Madhya Pradesh and Uttar Pradesh, the government data showed. The area under coverage for wheat, which is the major crop in rabi (winter-sown) season, stood at 278.25 lakh hectare in the same period last year. Sowing of rabi crops starts from October. Higher area under wheat has been reported mainly from Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh, Gujarat, West Bengal, Jharkhand and Karnataka. Acreage is down so far in Maharashtra and Haryana. Increase in wheat sowing area may lead to higher production provided the weather remains conducive for growth of this crop. The domestic production of wheat fell to 106.84 million tonne in 2021-22 crop year (July-June) from 109.59 million tonne in the previous year due to heat wave in some of the producing states. In May this year, the government banned exports of wheat to boost domestic supplies and cont

Wheat sowing up 3% so far this rabi season; oilseeds area up 8%: Govt
Updated On : 16 Dec 2022 | 5:29 PM IST

India's wheat planting area up nearly 11% y/y on record prices

Farmers have also increased acreage under rapeseed, the key winter-sown oilseed, to 7.1 million hectares as of Nov. 25

India's wheat planting area up nearly 11% y/y on record prices
Updated On : 25 Nov 2022 | 6:47 PM IST

Involving private players in grain procurement needs clear modalities

The idea in itself is not new and previously several attempts have been made to involve private players in official procurement, most recently in oilseeds

Involving private players in grain procurement needs clear modalities
Updated On : 11 Oct 2022 | 8:41 AM IST

Self-sufficiency in foodgrain shows India can reduce imports: PM Modi

Government encourages farmers to diversify crops, but doing away with imported oilseeds and pulses challenging

Self-sufficiency in foodgrain shows India can reduce imports: PM Modi
Updated On : 15 Aug 2022 | 10:39 PM IST

To achieve self-sufficiency in oilseeds, pulses govts must assure purchase

Though there has been an increase in acreage and production of these items, there hasn't been a big reduction in paddy and wheat acreage

To achieve self-sufficiency in oilseeds, pulses govts must assure purchase
Updated On : 08 Aug 2022 | 1:05 PM IST

Kharif sowing drags despite pick up in rains; paddy worst-hit with 24% drop

IMD's latest update says active monsoon conditions over central India and along the west coast could continue for five days starting. It sees a rise in rainfall over Northwest India on July 9-10

Kharif sowing drags despite pick up in rains; paddy worst-hit with 24% drop
Updated On : 09 Jul 2022 | 1:25 AM IST

Price rise, early rains may spur above normal kharif acreage for many crops

Market participants anticipate a shift from pulses to oilseeds and cotton in several areas

Price rise, early rains may spur above normal kharif acreage for many crops
Updated On : 20 May 2022 | 12:03 AM IST

Indonesian crisis could spur focus on boosting local edible oil production

However, achieving self-sufficiency in edible oil will remain a distant dream unless drastic policy measures are taken

Indonesian crisis could spur focus on boosting local edible oil production
Updated On : 09 May 2022 | 11:30 PM IST

Strong demand may bring down closing stock of major farm goods by FY23-end

Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time

Strong demand may bring down closing stock of major farm goods by FY23-end
Updated On : 27 Apr 2022 | 4:58 PM IST