RS. 300 Crore Allocated for Promotion of Palm Oil

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..... RS. 300 Crore Allocated for Promotion of Palm Oil
News and Press Release
Dated:- 28-2-2011

The Union Finance Minister, Shri Pranab Mukherjee has proposed to provide an amount of Rs. 300 .....

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..... crore to bring 60,000 hectares under palm oil plantations, by integrating the farmers with the markets. While presenting the Union Budget for 2011-12, in the Lok Sabha today, Shri Mukherjee said tha .....

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..... t the domestic production of edible oil meets only about 50% demand. The gap in supply is met through imports, which are often at high prices. To achieve a major breakthrough, special attention has be .....

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..... en paid to palm oil as it is one of the most efficient oil crops, Shri Mukherjee said. The Finance Minister added that the initiative would yield about 3 lakh metric tones of palm oil annually in five .....

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..... years.
News - Press release - PIB .....

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