Monsanto logo is displayed on a screen where the stock is traded on the floor of the New York Stock Exchange in New York City, US on May 9, 2016.
Prime Minister Narendra Modi’s government has decided to reduce royalties paid by Indian seed companies to Monsanto for its genetically modified cotton by 49% to 20 rupees for a packet of 450 grams, according to a farm ministry order. Before it was 39 rupees. The decision comes at a time when India’s cotton output is falling and needs a breakthrough to help maintain its leading position in the global cotton market, said Kaundinya.
“The order is most disappointing,” said Shivendra Bajaj, executive director of the alliance for Agri Innovation, an advocacy group.
Science and Facts have nothing to do with Hindu Nationalism, it's just that the current BJP government is not corrupt and takers of under the table payments by lobbyists of Monsanto and GM have more or less disappeared. This is just a hatchet piece. HinduPhobia