A renewed effort for edible oil self-sufficiency in the country should have a multi-level strategic approach. Elaborate (200 Words)
Refer - Business Line
Enrich the answer from other sources, if the question demands.
IAS Parliament 3 years
KEY POINTS
· The Centre has announced a Rs 11,040 crore package to boost palm oil output, of which it will bear 80 per cent.
· A novel feature of this package is the promise of price support to growers. This is apart from the prevailing policy of supporting growers through the five-to-seven year gestation period.
· Palm oil appears to grow best in tropical forest conditions where water is abundant. It has replaced pristine forests in Indonesia and Malaysia.
· The Centre’s intent to cultivate the Andamans is truly disturbing, while forest tracts in the north-east have already been impacted.
· For farmers who are used to growing two crops of paddy in a year, prompting a shift to oil palm, which yields annually, will not be easy.
· The effort here is to replicate the sugarcane model. But before going down this road, it is worth noting that there are serious health concerns around palm oil (which accounts for over 40 per cent of edible oil consumed in India).
· Pristine forests should not be impacted at the cost of human greed.
· India’s self sufficiency drive should be a multi-pronged one, using tariffs the fall in which led to the post-1995 flood of imports and production incentives for all edible oil varieties.
Abdul hakkim 3 years
Please review mam/sir
Thanks
IAS Parliament 3 years
Try to include about imports of the edible oil. Keep Writing.
PPVPERUMAL 3 years
Please provide feedback. Thank you.
IAS Parliament 3 years
Ways to rectify the situation can be added before conclusion part. Keep Writing.
