Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Government to launch oilseed mission.
Sep 26, 2022
The government is set to launch an oilseed mission to boost domestic production of oilseeds and reduce import dependence, said NITI Aayog member, agriculture, Ramesh Chand.
India currently makes around ?1 trillion worth of edible oil imports every year or nearly half of its demand.
The proposed scheme was devised after the NITI Aayog governing council led by Prime Minister Narendra Modi sought to achieve self-sufficiency in edible oils. At its meeting last month, Modi stressed on the need for diversification in the agriculture sector and to achieve self-sufficiency in edible oils, Mint reported on 8 August.
The scheme is expected to have elements like subsidy to farmers for buying good quality seeds, intervention by the government in the market to support prices when needed, and involvement of the private sector in making available quality seeds.
The move is significant given that the government had to lower the import duty on edible oils several times in recent months to tame food inflation.
The proposed mission will cover oilseeds including mustard, groundnut, sunflower, safflower and coconut, and will focus on improving the yield of oilseeds, ensuring good quality seeds and improving the area under oilseed cultivation, said Chand in an interview.
'There could be some subsidy on seeds. There could be involvement of private sector to ensure that the farmer gets good seeds. Some experts are also arguing that we should import good quality germplasm for high yield. The second aspect is price assurance. In the last two-three years, when we had better price for mustard, the area of land under mustard production has also seen an increase. Price is a good incentive. Remunerative price for oil seed is important,' said Chand.
The idea is that when prices of oilseeds go below a level, the government could intervene. Also, putting the land under rice cultivation, which remains unused for eight-nine months in a year after paddy harvesting, can be used to grow oilseeds. In eastern India, on ten million hectares of land, nothing else is sowed after rice is harvested and this land can be used for growing oilseeds, Chand said.
Various ministries are coordinating with the federal policy think tank NITI Aayog in framing the oilseed mission.
A surge in global edible oil prices earlier this year had forced key exporter Indonesia to resort to export curbs while high prices forced India to cut the basic customs duty and cess on select oils.
Higher edible oil output could also help in taming inflation. As per official data, food inflation in August remained at 7.62%, up from 3.11% a year ago.
The Centre currently has schemes such as horticulture mission and mission on edible oils aimed at developing these sectors.
livemint.com
Archive