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After a gap of two years, the central government might revise the 'trait value' (licence fee) of genetically modified (Bt) cotton seed for the 2018-19 crop season.The current price is Rs 800 for a 450g packet; this might also be changed. Of this, Rs 49 is the 'trait fee' and this could be cut by Rs 20-25. The Centre sets both rates.The trait fee is what seed companies have to pay to the licence holder. In this case, global giant Monsanto's joint venture partner in this country, Mahyco Monsanto Biotech (MMBL).For the 2017-18 season, the Centre had retained the trait value at Rs 49, which included all taxes. It had also kept the price of Bt cotton seed unchanged at Rs 800 per 450g. Bt cotton seed prices were first lowered in 2016, by a panel constituted by the Centre under the Cotton Seeds Price Control Order of December 2015. Brought down from Rs 830-1,030 earlier; trait value was lowered about 70 per cent, from Rs 163 a packet.The move was followed by a guideline issued in May 2016 ...
In a major relief for plant breeders and farmers, the Protection of Plant Varieties and Farmers' Rights (PPVFR), the regulatory authority which supervises the rights of seed companies, has decided to dispense with the requirement of no-objection certificates (NoC) from the trait developer for breeding new Bt cotton varieties with genetically modified (GM) traits.Informed sources said that the Authority under the chairmanship of R R Hanchinal passed the resolution in its meeting held recently after receiving complaints from the users of GM cotton seeds popularly known as Bt cotton about the arbitrariness of stipulation of the NoC which was leading to a monopoly by its developer Monsanto. The Authority based on its earlier decision obtained a legal opinion which indicated that the NoC stipulation is contravening the legal provisions giving an undue advantage to trait developers like Mahyco Monsanto Biotech (MMBL). MMBL is a 51:49 per cent joint venture between the American biotech ...