More needed to curb genetically modified soyabean and soy seeds import

India does not permit cultivation of GM soybean

More needed to curb genetically modified soyabean and soy seeds import
Sanjeeb Mukherjee New Delhi
Last Updated : Mar 10 2018 | 8:48 PM IST

The Union Environment Ministry's directive to the Directorate General of Foreign Trade (DGFT) to stop any import of genetically modified (GM) soybean and seed without its approval could have limited impact unless curbs are also placed on the plant quarantine authority and the customs department, business sources said.

Officials and industry sources said though import of soybean and soy seeds attract a high import duty of around 45 per cent, traders have over recent years been routing their consignments through African nations, particularly Ethiopia and Benin, to take advantage of a nil tariff on that avenue. India allows duty-free import of some commodities from a few African nations in the category of Least Development Countries.

"In a year, around 80,000 tonnes of soybean and seed have been imported into India illegally through this method but just asking the DGFT to seek permission before allowing these won't solve the problem," a senior industry official said.

India does not permit cultivation of GM soybean. Trade sources said that unless its import is checked, the seeds might pass on to farmers, who will then cultivate it. "Then, its proliferation can't be stopped," an official said.

The new restriction will not impact soy oil import, already exempt from GM rules. India imports around 15 million tonnes of edible oils in the 2016-17 oil marketing year that ended in October. Of this, soybean oil was around 3.4 mt.
 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story