National Mission on Oilseeds and Oil Palm gets approval from CCEA
The Cabinet Committee on Economic Affairs (CCEA) has approved implementation of the National Mission on Oilseeds and Oil Palm (NMOOP) during the 12th Plan Period and has allocated Rs 3,507 crore for the purpose.
How would National Mission on Oilseeds and Oil Palm (NMOOP) help?
The mission would help in boosting the production of oilseeds by 6.58 million tonnes and will bring additional area of 1.25 lakh hectares under oil palm cultivation.In addition to this, it would also lead to an enhancement in productivity of fresh fruit bunches to 15,000 kg/ha from 4927 kg/ha and increase in collection of tree borne oilseeds to 14 lakh tonne.
It would increase production of vegetable oil sources by 2.48 million tonnes from oilseeds (1.70 MT), oil palm (0.60 MT) and tree borne oilseeds (0.18 MT) by the end of the 12th Plan period.
NMOOP is inspired by the accomplishments of the existing schemes of Integrated Scheme of Oilseeds, Oil Palm and Maize, Tree Borne Oilseeds Scheme and Oil Palm Area Expansion programme implemented during the 11th Plan period.
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Month: Current Affairs - October, 2013
Category: India Nation & States Current Affairs