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

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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

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Honorarium for MPTCs
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Online medical bills
Information on medical reimbursement

MMBL agrees to fix Bt cottonseed price
Cottonseed prices slashed

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Designs of proposed scheme completed

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3 February 2005

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