You are here: Home » PTI Stories » National » News
Business Standard

Govt to take call on Bt cotton issue after studying Delhi HC order

Press Trust of India  |  New Delhi 

The government today said it will decide on next course of action over patent and royalty issue on seed after studying the recent order that dismissed the US-based agri-biotech firm Monsanto's plea to enforce patent for its genetically modified (GM) technology.

The Union Ministry has already fixed the maximum sale price of seeds along with royalty fee for 2018 kharif season.

"We will study the order and will take a decision in a week's time," Secretary S K told reporters, responding to a query about the ministry's further course of action in light of the court judgement in a case between and Nuziveedu Seeds.

"The case was between two private parties. We will abide by the court's direction to the government," he added.

For the 2018 kharif season, maximum sale price of seed has been fixed at Rs 740 per packet of 450 grams, lower from Rs 800 per packet last year. The royalty fee or trait value to be paid by domestic seeds firms to Mahyco Biotech (India) Ltd (MMBL) has been reduced to Rs 39 per packet from Rs 49.

From March 2016, the government started controlling prices of seeds, including the GM versions, by fixing a uniform maximum sale price.

Last week, a bench of Justices S Ravindra Bhat and Yogesh Khanna in had partially allowed the counter-claims of three Indian seed companies that does not have a patent for its seeds.

is the only GM crop allowed for commercial cultivation in the country. Over the last decade, technology has been adopted on over 95 per cent of the country's growing area, making the second largest and exporter of the cash crop.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 20:15 IST
RECOMMENDED FOR YOU