ARTICALES 2 #Edible Oil Market

The Indian government plans to increase crude palm oil production from 0.35 tonnes to 2.3 tonnes by 2029 under the National Oil Palm Mission. The area of plantations will be expanded from 0.6 million to 1 million hectares with the support of private companies and high-tech agriculture. The goal is to reduce the import of edible oils and support farmers through guaranteed prices, reports Financial Express.