India's Oilseeds Production Rose 19% In 4 Years, Yet Import Dependency Remains
NDTV
India's oilseeds production has gone up by 19 per cent between 2018-19 and 2021-22, yet it is dependent on imports to meet domestic demand
Though India's oilseeds production has gone up by 19 per cent between 2018-19 and 2021-22, it is still dependent on the commodity's import to meet more than 60 per cent of domestic demand.
According to Ministry of Food and Consumer Affairs, India produced 31.52 million tonnes of oilseeds in 2018-19, which has gone up by 19 per cent to 37.15 million tonnes in 2021-22.
In fact the country's oilseeds production has substantially increased in the last four years, as it was 33.22 million tonnes in 2019-20 and 35.95 million tonnes in 2020-21.
Even the estimated production of soybean, as per the second advance estimates of the Directorate of Economic and Statistics, was 13.12 million tonnes during 2021-22 compared to the production of 12.61 million tonnes during 2020-21.
