NATIONAL FOOD SECURITY MISSION (NFSM) – OILSEEDS AND OIL PALM

Prelims level : Agriculture, Ignorance, Subsidy, Marketing Mains level : GS-III Issues related to direct and indirect farm subsidies and Minimum Support Prices, Public Distribution System – objectives, functioning, limitations, revamping, issues of buffer stocks and food security; Technology Missions; Economics of Animal Rearing.
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Why in News?

  • The Government is implementing the National Food Security Mission (NFSM) – Oilseeds and Oil Palm to increase production of oilseeds and domestic availability of Edible Oils.

NFSM – Oilseeds and Oil Palm:

  • This scheme is under implementation in 29 States and has three subcomponents namely, Oilseeds, Oil palm and Tree Borne Oilseeds (TBOs).
  • The main objective is to increase oilseeds production & productivity and area expansion under oil palm & TBOs cultivation.

Objectives of NFSM:

  • Increasing the production of rice, wheat, pulses, coarse cereals (maize and barley) and nutri-cereals through area expansion and productivity enhancement in a sustainable manner in the identified districts of the country.
  • Restoring soil fertility and productivity at the individual farm level.
  • Enhancing farm level economy (i.e. farm profits) to restore confidence amongst the Farmers.

Oilseeds Agriculture in India:

  • India is one of the major oilseeds grower and importer of edible oils.
  • India’s vegetable oil economy is the world’s fourth-largest after USA, China & Brazil.
  • Oilseeds account for 13% of the Gross Cropped Area, 3% of the Gross National Product and 10% value of all agricultural commodities.
  • The diverse agro-ecological conditions in the country are favourable for growing 9 annual oilseed crops, which include 7 edible oilseeds (groundnut, rapeseed & mustard, soybean, sunflower, sesame, safflower and niger) and two non-edible oilseeds (castor and linseed).
  • Oilseeds cultivation is undertaken across the country in about 27 million hectares mainly on marginal lands, of which 72% is confined to rain-fed farming.
  • During the last few years, the domestic consumption of edible oils has increased substantially and has touched the level of 18.90 million tonnes in 2011-12 and is likely to increase further.
  • A substantial portion of our requirement of edible oil is met through import of palm oil from Indonesia and Malaysia.
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