Overview

• In its June 20 briefing, the agriculture ministry said that between 2014-15 and 2024-25, oilseeds output rose by 55% and pulses production climbed by 47%.
• Edible oil imports reached 15.66 million metric tonnes in 2023-24, accounting for 56% of the country’s consumption.
• The ministry warned that dependence on oil imports costs India more than Rs 80,000 crore annually.
• MPs on the Standing Committee advised offering incentives for farmers to shift from paddy and wheat to pulses and other oilseed crops.
• The government unveiled budget-announced programs and a national edible oil optimization campaign to support its 2030-31 self-reliance target.