National Mission on Edible Oils – Oilseeds

Source: PIB Context: The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds), a landmark initiative aimed at boosting domestic oilseed production and achieving self-reliance in edible oils. About National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds) Origin: Announced in 2024 as part …

Edible oil prices:

GS Paper 2: Topics Covered: Effects of policies of developed nations.   Context: Due to stringent measures by the government, prices of edible oil have been control for the last two years, despite the Covid situation. However, the war in Ukraine has driven the prices of many commodities northwards including the edible oil prices.   …

Edible oil prices

GS Paper 3 Topics Covered: Major crops cropping patterns in various parts of the country.   Edible oil prices Context: The prices of most major cooking oils have dropped and stabilised across the country in the run-up to Diwali.   Reasons for the drop in prices: Stabilisation of global prices. Duty cuts. Cut in wholesale prices …