Crude Palm Oil Production Rises To 3.80 LT In 2024-25: Centre
Till March 2025, 1.89 lakh hectare had been covered under the National Mission on Edible Oils - Oil Palm (NMEO-OP), taking the total coverage under oil palm in the country to 5.56 lakh hectare
29/07/2025 (Business World) - Marking a healthy improvement, Crude Palm Oil (CPO) production has risen from 1.91 lakh tonne in 2014-15 to 3.80 lakh tonne in 2024-25, the Centre told Parliament. Till March 2025, 1.89 lakh hectare had been covered under the National Mission on Edible Oils - Oil Palm (NMEO-OP), taking the total coverage under oil palm in the country to 5.56 lakh hectare.
In a written reply in Lok Sabha, Minister of State (MoS) for Agriculture and Farmers Welfare, Ramnath Thakur, highlighted that Edible oil imports are required to bridge the gap between domestic production and consumption till self-sufficiency in edible oils is achieved. Centre is implementing a centrally sponsored scheme, NMEO-OP, for the period 2021-22 to 2025-26. NMEO-OP strives to boost oil palm cultivation in the country through area expansion.
“To ensure remunerative prices of Fresh Fruit Bunches (FFBs) to farmers, a system of declaring formula price every month (by states concerned) is also followed. Industries linked with a particular area procure the FFBs from the farmers on declared monthly formula price, Thakur emphasised.
Further, to mitigate the price risk of farmers due to sudden falling of international prices, a system of declaring viability price by the central government is also followed and the viability gap payment (VGP) is provided to the farmers in case the formula price drops below the viability price of the particular year, the MoS added.
With the oil palm plantation under the mission starts fruiting from the fourth year and achieving optimum yield from the eighth year onwards, production is expected to get a boost in the coming years, leading to increased CPO output and reducing reliance on CPO imports.