Q. Under National Edible Oil Mission-Oil Palm, what amount will be invested by the government?
Answer:
Rs 11,000 crore
Notes: Prime Minister Narendra Modi on August 8, 2021 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. He said over
Rs 11,000 crore will be invested in the edible oil ecosystem. India is dependent on imports of edible oil to meet the domestic demand. Of the total imports, palm oil constitutes about 55%.