Arunachal – Andhra MoU on Palm Oil

2019 ias preliminary exam test series

Arunachal Pradesh has inked a MoU with Andhra Pradesh for development of Oil Palm in the state.

The MoU was signed to cover an area of 5,000 hectare initially in the foothill areas of West Siang, Lower Subansiri, Papumpare and East Kameng districts.

The state’s Oil Palm potential areas have been divided into four zones and implementation of the production programme under central sector scheme on National Mission on Oilseeds and Oil Palm (NMOOP, Mini Mission-II) was started from 2013-14 in other zones.

The MoU signed was in respect of Zone-IV comprising four districts.

Most encouraging aspect of the programme is assured buy back system by the developers for processing.

Planting material is grown and managed mechanically in the locality of plantation by the developers.

The initiative is a step towards gainful utilization of the vast land resource of the state for economic development through farming operation.

Current Affairs for IAS Exam