Rising oilseeds sowing is likely to drop edible oil imports
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Rising oilseeds sowing is likely to drop edible oil imports
 

New Delhi : The increasing kharif sowing, particularly oilseeds in the country, is likely to moderate the dependence on imported oil in the current year.

According to the official data of the agriculture ministry, the area under kharif oilseeds crop as on August 19, 2010, showed an increase of about 4 lakh hectares during the week and was reported at 161.40 compared to 153.19 lakh tonnes at the same time of 2009.

The upbeat kharif sowing statistics in India was likely to moderate the dependence on imported oil in the current year. The agriculture ministry also informed that the area under groundnut had increased to 48.01 lakh hectares compared to 37.14 lakh hectares during the corresponding period in 2009.

In Andhra Pradesh, the groundnut sowing was sharply increased to 13.17 hectares compared to 5.21 lakh hectares in 2009. Soyabean acreage in the key growing region of Madhya Pradesh had increased but marginally. The acreage had surged by 2.8 lakh hectares; however Maharashtra showed negative growth.
Posted On : 27 Aug 10
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Rising oilseeds sowing is likely to drop edible oil imports
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