National Mission on Oilseeds and Oil Palm (NMOOP)

1. This NMOOP program responds to the demand for new oil palm farms from both foreign and native sources 

1. To support farmers by giving financial support to manage costs for palm production, planting materials, bore wells and irrigation, and purchase harvesting tools 

1. Buy fresh fruit bunches from farmers via processing companies, then use the Market Intervention Scheme to help them 

1. When the value of international crude palm oil decreases, it becomes difficult to offer FFBs a competitive price. 

Importance of National Mission on Oilseeds and Oil Palm (NMOOP)

Given below are the importance of National Mission on Oilseeds and Oil Palm: 

1. The funds allocated under the National Mission on Edible Oils initiative are divided between state and federal governments 

1. The Department of Agriculture receives a 75:25 share of this grant 

1. 10% of this fund is set aside for the Flexi-fund, and 1% is set aside at the state and federal levels for use in times of disaster 

1. This scheme's main requirements are to provide strategies to help the States in achieving the goals of the NMOOP and increasing edible oil production 

1. During a crisis in the oilseed sector, it helps to restore the process. 

Features of National Mission on Oilseeds and Oil Palm (NMOOP)

Here are the features of National Mission on Oilseeds and Oil Palm as follows: 

1. This project aims to reduce the need for edible oil imports by increasing oilseed planting in broader regions 

1. The NMOOP program aims to maximize oilseed production by utilizing appropriate management strategies on the nation's underutilized and unused land regions 

1. Combine the several Tree Borne Oilseeds (TBOs) that are dispersed throughout the forest and non-forest regions 

1. Make fruitful land out of wasteland. 

Benefits of National Mission on Oilseeds and Oil Palm (NMOOP)

Given below are the benefits of National Mission on Oilseeds and Oil Palm: 

1. The Central Government and the State Governments work together on projects under the NMOOP plan at a 75:25 ratio 

1. The scheme promotes oilseed palms in the northeastern states 

1. They will receive assistance with everything from harvesting tools to upkeep, irrigation, and seed planting 

1. The plan assists farmers to establish fair pricing for their produce in case of a price decline in the international market 

1. Along with cereals and pulses, the program encourages intercropping of oilseeds 

1. If farmers need technical support, the government institutions will be ready to help.