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LATEST NEWS UPDATES | Bayer’s $10.9-billion settlement may see demand for glyphosate ban gaining traction here -Vishwanath Kulkarni

Bayer’s $10.9-billion settlement may see demand for glyphosate ban gaining traction here -Vishwanath Kulkarni

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published Published on Jun 25, 2020   modified Modified on Jun 27, 2020

-The Hindu Business Line

While a cross section of the industry says the chemical has reported no toxic effect so far, planters say they’ve no other option

Bengaluru: At a time when the Indian farmers are increasingly relying on weedicides to protect their crop yields and keep costs under control, Bayer’s $10.9-billion settlement with the Roundup plaintiffs in the United States could possibly see the demand for ban on glyphosate gain momentum in the country. Glyphosate is an active ingredient in weedicide Roundup.

On Wednesday, Bayer agreed to pay $10.9 billion to settle 75 per cent of the 1.25 lakh filed and unfiled claims by Roundup users, who have said the herbicide caused them to develop a form of blood cancer, agencies reported.

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The Hindu Business Line, 25 June, 2020, https://www.thehindubusinessline.com/companies/bayers-109-b-settlement-may-see-demand-for-glyphosate-ban-gaining-traction-here/article31917144.ece


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