Despite being a major producer of Oilseeds India continues to be one of the largest importers of Edi...........

Economic Affairs Agricultural Policy and Growth

Despite being a major producer of Oilseeds, India continues to be one of the largest importers of Edible Oil in world. What could be the possible reason behind this?

1. Agro-climatically, most parts of India are not suited for cultivation of Oilseeds.

2. Oilseeds production is largely confined to rain-fed areas.

3. Imported vegetable oil and palm oil is cheaper than that produced in domestic market.

Select the correct answer using codes given below

1 and 2 only

2 and 3only

2 only

All of the above

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Explanation:

2 and 3only

India is one of the largest consumers of vegetable oils in the world, with a rapidly growing population and increasing demand for edible oils.
However, the country's domestic production of oilseeds has not kept pace with this demand, leading to a heavy dependence on imports.