Current Affairs Exam

Edible Oil- Oil Palm Business Summit at Guwahati

The National Mission on Edible Oil- Oil Palm Business Summit was held on 6 October at Guwahati.

Highlights:

The summit began under Union Agriculture-notes-for-state-psc-exams”>Agriculture Minister Narendra Singh Tomars Chairmanship and showcased a film on oil palm plantation along with the watering of the oil palm plant.

The summit is part of PM Modis vision for holistic and balanced progress of the North East.

The Government decided to intervene with the promotion of oil palm in the Northeastern states was to make Northeastern states into an oil hub of India.

Special packages and aid for the northeastern states will improve the socio-economic status of farmers and contribute to more EMPLOYMENT openings in the Northeastern states.

The Mission has launched with a total expenditure of Rs 11040 crore.

It will bring an additional area of about 6.5 lakh hectares under the Oil Palm plantation in the next 5 years.

Out of this, 3.28 lakh hectares will be from Northeastern states while 3.22 lakh hectares will be from the rest part of India.

Exit mobile version