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Govt lowers sale price of Bt cotton seeds for a 450-gram packet to Rs 730

The Indian BT seed market is worth over Rs 3,500 crore a year

Topics
Bt Cotton Seed  |  Bt Cotton

Sanjeeb Mukherjee  |  New Delhi 

The Centre has marginally lowered the maximum sale price of Bt cotton seeds (BG-II) for a 450-gram packet to Rs 730 for the 2019-20 season. The licence, or trait fee, charged by companies has also been slashed by almost 49 per cent to Rs 20.

The new price of a Bt cotton seed packet weighing 450 grams and 120 grams refugia for the 2019-20 season — October to September — will be Rs 730, including a trait fee of Rs 20. The maximum sale price of Bt cotton seeds in 2018-19 was Rs 740, including trait value of Rs 39. According to a gazette notification issued last week, ...

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First Published: Mon, March 11 2019. 01:31 IST
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