Govt cuts Bt cotton royalty fees by 74%3 min read . Updated: 10 Mar 2016, 02:51 AM IST
Price of Bollgard II Bt Cotton seeds reduced to Rs800 per 450 gm packet; royalty fee down to Rs43 per packet from Rs163
New Delhi: India on Wednesday cut prices of genetically modified cotton seeds and slashed royalty fees by 74%, disregarding global seed major Monsanto Co.’s threat to re-evaluate its India business if such a move is considered.
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