Cabinet okays national mission to step up domestic production of edible oil. Details
Premium- Cabinet has approved the implementation of National Mission on Edible Oils – Oil Palm with a financial outlay of ₹11,040 crores
Cabinet briefing Updates: Union ministers Anurag Thakur and Narendra Singh Tomar today announced the policy decisions taken in the Cabinet meeting chaired by Prime Minister Narendra Modi.
The Union Cabinet has approved the implementation of National Mission on Edible Oils – Oil Palm with a financial outlay of ₹11,040 crores: The focus is on increasing area and productivity of oilseeds and oil Palm.
“This will increase capital investment, help generate employment, reduce dependence on imports and increase income of farmers," Union agriculture minister Tomar said.
Cabinet decisions
- The Cabinet Committee on Economic Affairs (CCEA) has approved a ₹77.45 crore package for the revival of state-run North Eastern Regional Agricultural Marketing Corporation Ltd.
- North Eastern Regional Agricultural Marketing Corporation (NERAMAC) is a central public sector enterprise under the administrative control of the Ministry of Development of North Eastern Region (MDoNER).
- "CCEA has approved a revival package of ₹77.45 crore for NERAMAC," Anurag Thakur said during media briefing.
- The minister said the revival package will help NERAMAC to implement various innovative plans like providing better farming facilities, training to farmers in clusters, organic seeds and fertiliser, post-harvesting facilities to promote the products of north-east farmers in the world market.
- The Cabinet has approved the NMEO-OP with a focus on the northeast region and the Andaman and Nicobar Islands.
- Anurag Thakur said due to heavy dependence on imports for edible oils, it is important to make efforts for increasing the domestic production of edible oils in which increasing area and productivity of oil palm plays an important part.
- ₹5 crore assistance for setting up industry for palm oil.
- Government to provide price difference through DBT to palm oil cultivators.
- Cabinet has approved Palm Oil Mission
- India is dependent on edible oil. Similar situation was in food-grains too, but that has changed now. Prime Minister Modi has been pushing to bring down our dependency on edible oil.
- ₹70.45 crore package for revival of North East Regional Marketing Corporation Limited
- India is now among the 11 countries exporting agri products.
- Domestic production of edible oil needs to be stepped up.
What PM said about Indians stuck in Afghanistan
This comes just a day after PM Modi chaired a meeting of the Cabinet Committee on Security (CCS) and instructed all concerned officials to undertake all necessary measures to ensure safe evacuation of Indian nationals from Afghanistan.
"India must not only protect our citizens, but we must also provide refuge to those Sikh and Hindu minorities who want to come to India, and we must also provide all possible help to our Afghan brothers and sisters who are looking towards India for assistance," Prime Minister Modi reportedly directed officials as per sources cited by ANI.
The meeting was attended by Defence Minister Rajnath Singh, Home Minister Amit Shah, and Finance Minister Nirmala Sitharaman, along with other senior officials like cabinet secretary Rajiv Gauba and foreign secretary Harsh Vardhan Shringla.
The External Affairs Minister is out of the country and hence did not attend the meeting. The meeting was also attended by senior officials including Principal Secretary to PM PK Mishra, NSA Ajit Doval and India's Ambassador to Afghanistan Rudrendra Tandon.
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