The Union Cabinet has approved the National Mission on Edible Oils and Oilseeds (NMEO-Oilseeds) for 2024-25 to 2030-31 with an outlay of 10 thousand 103 crore rupees.
- This has been done with an aim to make India self-reliant in oilseed production in the next seven years.
- The newly approved NMEO-Oilseeds will focus on enhancing the production of key primary oilseed crops such as rapeseed mustard, groundnut, soybean, sunflower, and sesamum.
- It will also focus on increasing collection and extraction efficiency from secondary sources like cottonseed, rice bran, and tree-butter oils.
- The mission aims to increase primary oilseed production from 39 million metric tonnes in 2022–23 to 69.7 million metric tonnes by –31.
- Together with NMEO-OP (Oil Palm), the mission targets to increase domestic edible oil production to 25.45 million metric tonnes by 2030–31, meeting around 72% of the projected domestic requirement.
