The central government has approved the Rs 11,040 cr palm oil plan to cut importsThe agriculture ministry has proposed to cover an additional area of 6.5 lakh hectaresIt will be used for palm oil cultivation till the year 2025-26This will lead to over 10 lakh hectares of farmlands under palm oilNow, only 3.70 lakh hectares is under oil palm cultivationThe aim is to reduce India’s dependence on the import of edible oil
