-Livemint.com Plant varieties and seeds cannot be patented under Indian law by companies like Monsanto, and any royalties on GM crops will be decided by the agriculture ministry, says Delhi high court New Delhi: Plant varieties and seeds cannot be patented under Indian law by companies like Monsanto Inc., and any royalties on genetically modified (GM) technology will be decided by a specialized agency of the agriculture ministry, the Delhi high court...

-Business Standard Says all Central decisions are in interest of farmers including the control price one Union Agriculture Minister Radha Mohan Singh said on Monday that the government would not allow seed companies such as US biotechnology major Monsanto to exploit Indian farmers. The government would continue to regulate seed prices in the interest of growers, he added. The minister’s comments sparked off a ‘sell’ in Monsanto India shares in the stock markets...

-Livemint.com The Union government has cut the prices of genetically-modified cotton seeds and slashed royalty fees by 74% The Union government’s decision to cut the prices of genetically-modified (GM) cotton seeds, popularly known as Bt cotton, and slash royalty fees, will have a positive impact on cotton farming in Maharashtra, India’s top state in terms of area under cotton cultivation. The Maharashtra government’s agriculture officials, cotton growers and officials at the Nagpur-based...

-Livemint.com The nine-member cotton seed price control committee has recommended a maximum sale price of Rs.800 for a 450g packet of Bollgard II Bt cotton seeds New Delhi: A government panel on genetically modified Bt cotton has recommended a steep reduction in royalty fees payable to technology companies, and lower seed prices. If accepted, the recommendations will benefit nearly 8 million cotton farmers in India, but may raise concerns about how India...