Home / Knowledge / News / Textiles / Gujarat Govt essays to scale down prices of Bt cotton seeds
Gujarat Govt essays to scale down prices of Bt cotton seeds
May '08
Gujarat may follow the directions led by Andhra Pradesh Government to reduce the prices of Bt cotton seeds.

Industrial sources disclosed that there was a wide gap between the purchasing and selling price of the seeds. While the seeds were bought from Monsanto (Foreign Bt cotton producing company) at the rate of about Rs125 per packet, they are sold at prices varying from Rs750-925 per packet including Rs150 paid to the international company as royalty.

This vast difference being an eye-opener to the farmers, have forced them to avoid buying Bt cotton seeds unless some measure are taken to bring down the exorbitant prices.

Nearly 23 companies involved in the sale of Bt cotton were asked by the Government of Gujarat to reduce royalty amount and provide details with regard to the production cost of these seeds.

The companies however, evaded the call of the Government and have not complied to the order of lowering the prices of Bt cotton. Faced with such defiant attitude, the Government has decided to arrive at a conclusion in favor of the farmers.

Already, two meetings have been conducted with the companies to reach a final decision but all in vain. These seed supplying firms have demanded more time.

Prices for the seeds had been reduced even in 2006 by Andhra Pradesh after which Gujarat and other states followed the example.

Prices of Ballgard II variety have been lowered once again by Andhra Pradesh arousing dispute between the State Court and Monsanto. The former however, succeeded in proving its point and rejected the company's petition.

Gujarat is the largest buyers of Bt cotton seeds consuming some 60-70 percent of the total supplies. Now, it is up to Gujarat to either adopt a similar measure for protecting the rights of its farmers or to let the situation go out of control.

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search