Home / Knowledge / News / Textiles / Bt cotton seed suppliers now under Govt scrutiny
Bt cotton seed suppliers now under Govt scrutiny
Jun '08
The Gujarat Government has finally come to rescue local farmers who were unable to buy Bt cotton seeds owing to skyrocketing prices. However, the companies and suppliers who were previously charging usurious rates will be punished if found guilty as the authorities have fixed the rates.

Now the price of Bollgard-I is Rs 650 and Bollgard-II is Rs 750 per packet. This action is expected to bring some relief to the farmers who had made several complaints regarding the injustice done to them by distributors.

The Government had previously asked manufacturers to cut down rates of Bollgard-I and II, but the negligence on their part had forced officials to cap prices. This time the suppliers and companies who are found violating the act, will be imprisoned for three years and will have to pay Rs 5000 as penalty.

Many farmers in Gujarat are opting for growing Bt cotton as the returns are extremely good. The rise in demand had prompted many manufacturing units and distributors to increase the prices for earning big bucks in short span of time.

Must ReadView All

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Apparel/Garments | On 2nd Dec 2016

Aditya Birla Group to establish apparel unit in Odisha

Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...

Interviews View All

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search