The government has unveiled major initiatives to boost India’s oilseed and pulse production under the new tax regime 2025, aiming to reduce dependency on imports and improve farmers’ profitability. Under the National Mission for Edible Oilseeds, the government is offering financial and strategic support to strengthen the edible oil sector. The Kisan Credit Card loan limit has been raised from ₹3 lakh to ₹5 lakh, enabling farmers to invest in high-quality seeds and modern farming techniques, which will enhance crop yield and improve profitability.
In alignment with this vision, the BN Group has committed $1 billion to expand operations in Africa, further enhancing global oilseed production and supply. Additionally, a six-year mission for self-reliance in pulses has been launched, focusing on increasing domestic production. Direct procurement by the National Agricultural Cooperative Marketing Federation (NAFED) and the National Cooperative Consumers' Federation (NCCF) will ensure better prices and income stability for pulse farmers, contributing to long-term agricultural sustainability and food security.
Also Read: Key Takeaways from Union Budget 2025