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2006-10-31 |

Indian Bt cotton: Both boon and bane

Genetically modified BT cotton can work as a double edged sword for the small cotton farmer

In January this year, the Andhra Pradesh government filed a complaint with the Monopolies and Restrictive Trade Practices Commission (MRTPC) against Mahyco Monsanto Biotech (MMB) — the Indian subsidiary of the agriculture-biotech multinational Monsanto — accusing it of overpricing genetically modified BT cottonseeds. MMB was selling the seeds to farmers in AP and other states at Rs 1,200-1,850 for a 450-gram packet. A large part of this amount, Rs 900, was being charged as “trait value” or royalty. In its submission, the AP government pointed out that Monsanto charged only about Rs 400 for the same packet of seeds in China and only about Rs 200 in the US.

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2006-10-31 |

Indian Bt cotton: Both boon and bane

Genetically modified BT cotton can work as a double edged sword for the small cotton farmer

In January this year, the Andhra Pradesh government filed a complaint with the Monopolies and Restrictive Trade Practices Commission (MRTPC) against Mahyco Monsanto Biotech (MMB) — the Indian subsidiary of the agriculture-biotech multinational Monsanto — accusing it of overpricing genetically modified BT cottonseeds. MMB was selling the seeds to farmers in AP and other states at Rs 1,200-1,850 for a 450-gram packet. A large part of this amount, Rs 900, was being charged as “trait value” or royalty. In its submission, the AP government pointed out that Monsanto charged only about Rs 400 for the same packet of seeds in China and only about Rs 200 in the US.

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