A study conducted by IMRB International says that total cultivation of Bt cotton has gone up from 6.2 percent in 2004-05 to 39 percent in 2006-07, providing better returns to farmers in comparison to other hybrid seeds.
It also shows that profit as a percentage of investment for farmers of Andhra Pradesh using certified Bt cotton seeds was about 57 percent against 44 percent who used non Bt hybrid seeds, informed Vivek Khattar, Associate Vice-President & Research Services Director (Business and Industrial Research Division) of IMRB.
Cotton is cultivated in 91.32-lakh hectares in India of which about 35.61 lakh hectares is under certified Bt cotton cultivation.
Production of cotton has also gone up from 19.2 million bales in 2005-06 to 21 million bales in 2006-07 but increase in total area under cotton cultivation is marginal at about 5 percent.
Sale of hybrid seeds were 150 lakh packets of which certified Bt seeds accounted for 35 lakh packets, informed Dr Paresh Verma, spokesperson of All India Crop Biotech Association.