The Swadeshi Jagran Manch (SJM), a body affiliated to the RSS, BJP's ideological mentor, said it had welcomed the notification capping the royalty payment to corporates and allowing allowing domestic production of GM crop seeds, noting that they cannot be allowed to exploit farmers under the cover of complexities of the issue.
"We welcomed the notification and its contents as it cleared the law point. The issue which has been there for sometime that corporates cannot be allowed to exploit the farmers under the garb of complexities of the issue.
He alleged certain companies like Monsanto have been "exploiting" the market by selling its seeds at exorbitant prices amounting to "exploitation" of farmers.
Amid opposition from crop biotech industry, the government last week withdrew a notification capping royalty for new genetically modified (GM) traits and would now seek comments from stakeholders before taking a final call.
Sources said the decision to seek public comments was taken at the highest level in view of severe criticism from biotech industry and farm experts, who are of the view that the move would hurt foreign investment in agri-research and discourage introduction of new technologies into India.
Minister of State for Agriculture Sanjeev Balyan had said that government is withdrawing the notification but not rolling back the decision.
As per the notification, after the five-year period, royalty would reduce by 10 per cent of initial value every year. If the GM technology loses its efficacy, the technology provider would not be eligible for any royalty.
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