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Resource centre on India's rural distress
 
 

Time ripe for edible oil mission: Industry -Vishwanath Kulkarni

-The Hindu Business Line

Trade body says government should focus on boosting oilseeds output for self-sufficiency

Bengaluru: As demand takes a beating and imports slump amidst a bearish price trend, the edible oil sector feels the Centre should launch the national mission on edible oilseeds to boost domestic production and achieve self-sufficiency.

India depends on imports to meet about 70 per cent of its edible oil requirement, estimated at around 23 million tonnes. The edible oil import bill hovers around a whopping $11 billion.

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