Oilseed sector seeks fresh policy impetus from Centre
January 17, 2021
× With the country’s dependence on edible oil import reaching 70 per cent, the sector wants the Government to give thrust on increasing production and productivity of oilseeds in the country in the forthcoming Budget.
BV Mehta, Executive Director of Solvent Extractors’ Association (SEA) of India, told
BusinessLine that the association wants the government to give focus on increasing the production and productivity of oilseeds in the Budget.
Some of the suggestions included shifting of acreage from grains to rape-mustard in Punjab and Haryana. Stating that the oilseed production is stagnant at around 28-30 million tonnes per annum with a productivity of around 900-1,000 kg/ha, he said there is a need to focus on increasing the productivity to 1,500 kg/ha.