In the Union Budget speech for 2024-25, which oilseeds were noted as not being covered under the goal of ‘Atmanirbharta’ (self-reliance) for oil ?
Coconut
Coconut was not among the oilseeds named in the self-reliance announcement — option 2.
What the Budget said. Presenting the Union Budget for 2024-25, the Finance Minister announced a strategy to achieve atmanirbharta, or self-reliance, in oilseeds. The crops listed were mustard, groundnut, sesame, soybean and sunflower. The measures promised were research for high-yielding varieties, widespread adoption of modern farming techniques, and support for market linkages, procurement, value addition and crop insurance.
| Crop | Named in the oilseed self-reliance plan ? |
|---|---|
| Sesame | Yes |
| Coconut | No |
| Soybean | Yes |
| Groundnut | Yes |
| Mustard, sunflower | Yes |
Why coconut sits outside the list. Coconut is a perennial plantation tree crop, not an annual oilseed grown in rotation with field crops. Its oil is a by-product of copra, and it is largely confined to the coastal belt of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh. The self-reliance strategy was aimed at the annual oilseeds that dominate India’s edible-oil deficit and that can respond quickly to better seed and better agronomy.
Why this matters as policy. India imports well over half of the edible oil it consumes — principally palm oil from Indonesia and Malaysia, and soybean and sunflower oil from South America and the Black Sea region. The import bill runs into lakhs of crores of rupees and exposes household budgets to world price swings, which is why raising domestic oilseed output has repeatedly been made a budget priority. The National Mission on Edible Oils, covering both oil palm and other oilseeds, is the programme through which this is pursued.
Hence, the crop not covered was Coconut.
Similar Questions
Which one is not included in the Budget Priorities in pursuit of ‘Vikasit Bharat’ in Union Budget 2024-25 ?
Which of the following centres in Bihar is proposed to develop under Vishnupad Yojana for promotion of tourism in Union Budget 2024 ?
Which among the following is a tool of Fiscal Policy ?
Under which Article of the Indian Constitution the Annual Financial Statement (Budget) is necessary to be laid before the Parliament ?
Important Questions from Budget
The first Economic Survey of India was presented in ______.
In the budget 2015-16, what is Income tax exception limit?
As announced in the Union Budget of FY 2022, how many pilot projects are to be set up for coal gasification?
What is the approximate amount to be mobilised for the National Highways Network expansion as per the Union Budget 2022-23?
Which of the following budget was primarily focused on the I.T sector and promoting India as a major software hub?
