Government’s 100-Day Agenda Focuses on Reducing Pulse and Edible Oil Imports, Boosting Ethanol Supply

The Indian government is planning a 100-day agenda to reduce imports of pulses and edible oil, increase ethanol supply, and stabilize food prices. The agriculture ministry is drafting a new scheme to achieve self-sufficiency in pulses by 2027 to cut down on the government’s spending on imports. The government is also focusing on oilseeds, pulses, and biofuel. The country spent $3.75 billion on importing pulses and $14.8 billion on vegetable oils in the past year. India imports 57% of its edible oils, negatively impacting its foreign exchange by $20.56 billion. Measures are being taken to make India self-sufficient in pulses and edible oils.

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