MMBL agrees to fix
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MMBL agrees to fix Bt cottonseed price

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MMBL agrees to fix Bt cottonseed price
Cottonseed prices slashed

Du Pont to setup facility in Hyderabad
Plans to invest Rs. 100 crore in the facility

MMBL agrees to fix Bt cottonseed price

Cottonseed prices slashed

Hyderabad, February 3, 2007

Mahyco-Monsanto Biotech India Limited (MMBL), the licence holder for Bt technology have agreed to maintain the prices of hybrid cottonseeds of Bollgard-II technology below Rs.1,000 from a 450 gm pack in kharif-2007 making it affordable to farmers. Addressing at a press conference, representative of the seed companies Mandava Prabhakara Rao said on Saturday that Bt cotton seed prices were fixed at Rs. 1400 by the MMBL with the trait value of Rs. 900 per pack for seed companies.

With the State Government referring the matter to the Monopoly Restricted Trade Practices Commission (MRTPC), the seed pries had been slashed to Rs. 750 per pack. The MMBL after discussing with the seed companies brought down the train value of seed companies to Rs. 150 in Kharif 2006. Accordingly, the MMBL and seed companies decided to amend the relevant clauses of the agreement to avoid any issue vis-a-vis the MRTP Act.

He said that use of Bt Cottonseed enhanced the production to 270 bales, making India the second largest cotton producer in the World.

Andhra Pradesh on February 3, 2007

Chief Minister to inaugurated STPI centre
Ten more IT centres in store during the year

State level political training classes
Sitaram Yechuri to address

Chairperson suspends TDP member from Council meeting
Second Phase of Road Widening works comes up for disucssions

Honorarium for MPTCs
It will be paid from April this year

Online medical bills
Information on medical reimbursement

MMBL agrees to fix Bt cottonseed price
Cottonseed prices slashed

State to share details on Palar scheme
Designs of proposed scheme completed

Unauthorized structures removed
VUDA Planning Wing makes surprise inspections

AIBEA meet begins
Two-day conference to discuss the problems of bank employees

Central Bank employees to go on Strike on February 23
Employees facing harassment

February 3 in History

Events and happenings on 3 February in History

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3 February 2002
Highlights: Look South II seminar begins

3 February 2003
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3 February 2004

3 February 2005

3 February 2006
Highlights: Sarpanches rally turns violent

3 February 2007
Highlights: Chief Minister to inaugurated STPI centre

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