PM Modi Announces Mission To Make India Self-Sufficient In Edible Oils

PM Modi said while India has become self sufficient or Aatamnirbhar in production of rice, wheat and sugar, but it was not enough as the country is dependent on huge imports of edible oils.

Prime Minister Narendra Modi on Monday announced a National Edible Oil Mission-Oil Palm (NMEO-OP) to make India self-sufficient in cooking oils, including palm oil, as he stressed on reducing the dependence on imports. Addressing a virtual event on PM-Kisan scheme, he said over Rs 11,000 crore will be invested in the edible oil ecosystem. The Prime Minister also transferred over Rs 19,500 crore to over 9.75 crore farmers under the government's flagship PM-Kisan scheme. On the occasion, PM Modi said while India has become self sufficient or Aatamnirbhar in production of rice, wheat and sugar, but it was not enough as the country is dependent on huge imports of edible oils.