The Cabinet Committee on Economic Affairs has approved the implementation of the National Mission on Oilseeds and Oil Palm (NMOOP) during the 12th Plan Period with a financial allocation of Rs 3,507 crore.
This would help in enhancing production of oil seeds by 6.58 million tonne. This would also bring additional area of 1.25 lakh hectares under Oil Palm cultivation with increase in productivity of fresh fruit bunches from 4927 kg/ha to 15,000 kg/ha and increase in collection of tree borne oilseeds to 14 lakh tonne.
Implementation of the proposed Mission would enhance production of vegetable oil sources by 2.48 million tonnes from oilseeds (1.70 million tonnes), oil palm (0.60 million tonnes) and tree borne oilseeds (0.18 million tonnes) by the end of the 12th Plan Period.