1st oil mill under NMEO-OP Flashcards
What does NMEO-OP stand for ?
National Mission for Edible Oils - Oil Palm
Where has this 1st oil mill established under this mission ?
Arunachal Pradesh
Do we export more palm oil or import ?
We import more than export
This is from mainly 2 countries:
1) Indonesia
2) Malaysia
Why has NMEO-OP been started ?
To become self sufficient in palm oil production. It was observed that the climatic conditions of Andaman, Nicobar and North east regions are similar to that of Indonesia and Malaysia. Hence, thrust is given more to produce palm oil from these locations
Target for palm oil production ?
11.20 lakh tonnes by 2025-26
28 lakh tonnes by 2029-30
Special assistance provided to farmers under this ?
1 lakh per hectare
2.9 lakh per farmer lumpsum amount to support them to buy harvesting tools