The Prime Minister Office has written to the Commerce Ministry to create a plan to reduce the country’s dependence on unnecessary imports. Prime Minister Modi is all set to launch ‘Make in India’ campaign on Thursday.
The Commerce Ministry officials informed that the ministry has identified nine commodities that cross $100 million imports every year. The commodities include edible oil with 60 percent share. The other commodities are pulses, fresh fruits, cashew, sugar, alcoholic beverages, processed and packaged items, cocoa products and sesame seeds.
“The ministry has written to the concerned sector councils and associations, seeking suggestions on ways to reduce such imports”, said the Commerce Ministry sources.
India is the world’s largest importer of edible oils and more than half of its need is fulfilled through imports.