National Mission on Edible Oils-Oil Palm Scheme

Launched in 2021, NMEO-OP allocated INR 11,040 crore, with INR 8,844 crore as central share and INR 2,196 crore as state share.

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Features

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Benefits

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Drawbacks

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The success of NMEO-OP relies on inclusive implementation to ensure all farmers benefit, crucial for edible oil self-sufficiency

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To learn more about the Government Schemes and subsidies, Click the link below.

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National Mission on Edible Oils-Oil Palm Scheme

Launched in 2021, NMEO-OP allocated INR 11,040 crore, with INR 8,844 crore as central share and INR 2,196 crore as state share.

Scheme Overview

Central Sponsored Scheme with funding ratios of 60:40 for General States, 90:10 for N-E States.

Features

Government supports NE & Andaman-Nicobar Islands. 17% SC, 8% ST allocation. Assured returns for oil palm farmers. Flexi Fund & merging with GoI programs allowed

Benefits

Boosted domestic edible oilseed production, ensuring self-sufficiency

Prioritized NE & Andaman-Nicobar, aiding regional agricultural growth

Allocation for SC & ST farmers, addressing socio-economic gaps

Drawbacks

Financial barriers for small farmers

Lengthy growth cycle affects returns.

Climate limits in certain regions.

Operational complexity for farmers.

Income instability due to price fluctuations.

The success of NMEO-OP relies on inclusive implementation to ensure all farmers benefit, crucial for edible oil self-sufficiency

Conclusion

To learn more about the Government Schemes and subsidies, Click the link below.