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Gm Crops Will Make Edible Oil Cheaper: Govt

Di: Ava

For Prelims: Genetically Modified (GM) mustard, Dhara Mustard Hybrid (DMH-11). For Mains: GM Crops and their significance, Edible Oil Sector of India and its Significance. Dependence on Imports: India is heavily dependent on imports for edible oils, and this has affected the competitiveness of the domestic oilseed industry. Low import tariffs and high domestic taxes have also made imported oil cheaper than domestically produced oil. Lack of Government Support:

The Union Cabinet of India has authorized the National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds) initiative aimed at boosting the domestic production of oilseeds and reducing dependency on imports. This mission is set to be implemented from 2024-25 to 2030-31 with a substantial financial allocation of ₹10,103 crore. Edible oils, Govt cuts import duty by 50%: पीटीआई की एक रिपोर्ट के अनुसार, भारत अपनी घरेलू खपत का 50 प्रतिशत से अधिक आयात करता है। खाने योग्य तेल भारत ने 2023-24 तेल विपणन वर्ष (नवंबर से No brinjal, no mustard, no rice. For all the talk of bio-engineered food security, the only GM product that reliably makes it to your plate is cottonseed oil, nutritionally indistinguishable from its non-GM cousin. While countries like Bangladesh have embraced Bt brinjal and the Philippines approved Golden Rice, India has chosen

Govt subsidises oilseed production

This factsheet is an introduction to the regulation of GM crops in Australia. It is supported by a suite of factsheets with more detailed information for anyone with an interest in or concerns about GM crops. All GM crops grown in Australia (commercial and experimental) or imported GM grains or flowers are approved by the Regulator only if they are safe for people and the environment. Many GMO crops are used to make ingredients that Americans eat such as cornstarch, corn syrup, corn oil, soybean oil, canola oil, or granulated sugar.

SOPA Urges Govt to Reconsider Edible Oil Import Duty Reduction

The introduction of GM mustard may improve the country’s self-sustenance in the production and consumption of edible oil and decrease dependency on imports but it comes with some serious concerns. Honey Production: GM mustard has mutated flowering and pollen production and, as a result, can affect honeybees directly or indirectly.

Explore the innovative world of GM Crops! Learn how GM Crops revolutionize agriculture with improved yields, pest resistance, and sustainability.

What’s in today’s article? Why in News? Edible Oil Scenario in India Report on ‘Pathways and Strategies for Accelerating Growth in Edible Oils Towards Atmanirbharta’ Why in News? The Ministry of Finance issued a notification to increase import duty on edible oils from 0% to 20%. This will take the total effective duty on edible oils to 27.5% (after adding other Mission aims at making India self reliant in seven years in oilseeds’ production Mission will introduce SATHI Portal enabling States to coordinate with stakeholders for timely availability of quality seeds The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds), a landmark New Delhi: The Supreme Court on Tuesday asked the Centre to formulate a national policy with regard to genetically modified (GM) crops for research, cultivation, trade and commerce in the country

  • The Future of Edible Vaccines in GM Crops
  • Press Release: Press Information Bureau
  • Snapshot of Genetically Modified Crops in Austral

Further, GM food crops, since adoption in 1996 globally have been proven for their biosafety for the last 25 years and more. In edible oil deficit, a focus on mustard National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds): Aim – To boost domestic oilseed production and achieve self-reliance in edible oils and increase farmers’ incomes. Other Initiatives by the Government: National Mission on Edible Oils – Oil Palm (NMEO-OP): Launched in 2021 with a budget of Rs 11,040 crore to boost oil palm cultivation. Import Duties: A 20% import duty on edible oils has been imposed to protect domestic producers from cheap imports and encourage local oilseed cultivation.

The Future of Edible Vaccines in GM Crops

In a major setback to the proponents of GM technology in farm crops, the Parliamentary Committee on Agriculture in 2012 asked Indian government to stop all field trials and sought a bar on GM food crops such as Bt. brinjal.

To address this dependency and promote self-sufficiency, the Government of India has undertaken a series of measures to enhance domestic production of edible oils, including the launch of National Mission on Edible Oils – Oil Palm (NMEO-OP) with an outlay of Rs 11,040 crore to boost oil palm cultivation in the country in 2021. Cabinet Endorses National Mission to Enhance Oilseed Production 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 (Atmanirbhar Bharat) in edible oils.

The developers, the Union government, and other advocates argue that the GM crop is important to reduce India’s dependence on imports for edible oil – India is dependent on imports, in the main palm and soy oil, for about 60 per cent of The government on Thursday defended its decision to release genetically modified mustard before the Supreme Court, saying this will enhance productivity and reduce the dependency on imports as the

Canola is grown for its seed which is crushed for the oil used in margarine, cooking oils, salad oils and edible oil blends. After the oil is extracted, the by-product is a protein-rich meal used to feed livestock. Canola is grown around Australia and is easily recognised by its vivid yellow flowers. About 20 per cent of the national canola crop is genetically modified. GM canola currently

Press Release: Press Information Bureau

The Supreme Court (SC) delivered a split verdict on the validity of the Centre’s decision to grant conditional approval for the environmental release of Genetically Modified (GM) mustard crops.

India already imports and consumes oil derived from genetically modified (GM) crops and “opposition to such technology based on such unfounded fears of adverse impact is only hurting farmers, consumers and industry” and “will be detrimentalfor Indian agriculture”, the Centre told the Supreme Court, which reserved its judgment on PILs challenging the

But expert reports found little adverse effect likely. The GEAC still asked for more studies on bees when DMH-11 is released. Motivation to Cut Edible Oil Imports India depends heavily on edible oil imports. Nod to home-grown higher yielding GM mustard could reduce foreign exchange spending running into billions of dollars annually. Govt submission comes in response to petitions against release of GM crops owing to concerns over side-effects. New technology would increase

Definitely not this year, since there are no seeds available and the planting season for the crop (October to early-November) is virtually over. Also, it remains to be seen if the central government will accept the GEAC’s recommendations. The compelling motive here could be India’s spiraling edible oil import bill. At $10 billion annually, edible oil is India’s third-biggest import item after crude oil and gold. If a farmer produces one tonne of oil, he also produces an equal quantity of cake, a by-product that is a protein-rich feed for animals. When we import vegetable oils, we are denied a

GM Soyabean to Double Production? Chand recently told the media that India should consider allowing GM crops, especially to reduce dependence on edible oil imports. He said GM soyabean could potentially double production. To further emphasise the impact of GM crops on economies: two case studies – GM Canola (Australia) and GM cotton (India) – have been highlighted in this review. GM Cotton (India) In India, cotton has served as an important fibre and textile raw material and plays a vital role in its industrial and agricultural economy. Based on the results, trust in the government has a positive and significant effect on the consumption of GM edible oil, so when consumers have trust in their government about GM food products, the consumption of GM edible oil will increase.

The duty reduction, announced shortly after the government decided to hike the Minimum Support Price (MSP) for oilseeds, comes at a time when India’s inflation rate is at a historic low of 3.16% (April 2025). This move risks flooding the market with cheaper imported oils, driving down domestic edible oil prices and nullifying the benefits of the MSP hike, said SOPA