Business Standard

Genetically modified jute to come up for GEAC nod

Related News

India might see the commercialisation of (GM) in a month. Developed by the University of Calcutta, jute is set to be sent for commercial approval to the regulator, Genetic Engineering Approval Committee (GEAC), next month. If approved, GM jute will be the second crop of its kind after GM was approved for commercialisation in 2002.

“GM jute is ready. The university is set to apply to the in a month,” said Swapan K Datta, deputy director general of the Indian Council of Agricultural Research (ICAR), on the sidelines of a round-table on ‘Addressing challenges of food security’ organised by the Confederation of Indian Industry here on Monday.

Farmers expect that the success of GM cotton will be replicated in jute. “With jute being a non-food crop, GEAC should not have any problem in approving it. The regulator has concerns only on food items,” Datta said.

Almost 30 per cent of the 250 million tonnes of foodgrains produced annually are packed in jute bags worth around Rs 6,000 crore.

Around 40 per cent of the jute bags produced are purchased by the through the Food Corporation of India, on behalf of different state food procuring agencies.

The country’s jute sector manufactures around 1.2 million tonnes of bags in a year. The installed capacity stands at nearly 1.5 million tonnes.

Read more on:   
|
|
|
|
|

Genetically modified jute to come up for GEAC nod

India is likely to see commercialization of genetically modified (GM) jute in a month. Developed by the Kolkata University, GM jute is set to be sent for commercialization approval to the regulator - Genetically Engineering Approval Committee (GEAC), next month.If approved, GM jute would be the second crop of its kind after GM cotton was approved for commercialization in 2002 with huge success."The GM jute is ready. The Kolkata University is set to apply with GEAC for commercialization in a month," said Swapan K Datta, Deputy Director General of Indian Council of Agricultural Research (ICAR) on the sidelines of a roundtable on "Addressing Challenges of Food Security" organised by the Confederation of Indian Industry here on Monday.Farmers anticipate the success in cotton to be replicated in jute as well."Jute being a non - food crop, GEAC should not have any problem in approving it. The regulator has concerns only on food items," Datta said.Almost 30 per cent of the 250 million tonne . India might see the commercialisation of (GM) in a month. Developed by the University of Calcutta, jute is set to be sent for commercial approval to the regulator, Genetic Engineering Approval Committee (GEAC), next month. If approved, GM jute will be the second crop of its kind after GM was approved for commercialisation in 2002.

“GM jute is ready. The university is set to apply to the in a month,” said Swapan K Datta, deputy director general of the Indian Council of Agricultural Research (ICAR), on the sidelines of a round-table on ‘Addressing challenges of food security’ organised by the Confederation of Indian Industry here on Monday.

Farmers expect that the success of GM cotton will be replicated in jute. “With jute being a non-food crop, GEAC should not have any problem in approving it. The regulator has concerns only on food items,” Datta said.

Almost 30 per cent of the 250 million tonnes of foodgrains produced annually are packed in jute bags worth around Rs 6,000 crore.

Around 40 per cent of the jute bags produced are purchased by the through the Food Corporation of India, on behalf of different state food procuring agencies.

The country’s jute sector manufactures around 1.2 million tonnes of bags in a year. The installed capacity stands at nearly 1.5 million tonnes.
image

Read More

Shrimp farming boom in West Bengal as farmlands shrink

In the southern fringes of the agriculturally-dense district of Purba Medinipur, more ponds are being dug than farms nurtured. Over the next six ...

Recommended for you

Quick Links

Market News

Jewellers expect good sales on 'Akhshaya Tritiya'

Investment experts are advising caution but with the price fall and easing of curbs, there's been a surge in gold imports last month and this, ...

Oil falls again as Saudi output remains near record high

Oil prices fell to under $63 a barrel on Monday after Saudi Arabian Oil Minister Ali al-Naimi said production in the world's biggest crude ...

Tamil Nadu jewellers line up attractive offers

This Akshaya Tritiya they are expecting much better sales than the last two years

Real's depreciation lends edge to Brazilian sugar export

Sugar exports from Brazil, the world's largest manufacturer and exporter of the commodity, is set to increase further

Today's picks- 20 April 2015

Nifty, Bank Nifty, Lupin, NMDC & Hero Motor

 

Back to Top