The Indian government cut cottonseed - price Textile information - Textile net - Textile integrated service provider

It is reported that the Indian government to transgenic kinds of price from 800 rupees to 740 rupees/bag/bag ( Each bag 450 grams) To help the farmers to reduce the loss caused by pests. Cotton companies pay monsanto's gm cotton royalties from 49 rupees/bag also lowered to 39 rupees/bag. The new price will start from June 2018 crop. News media reported that the Indian government in a move that will make 8 million cotton farmers income, but will reduce the profits of domestic cotton company. India's ministry of agriculture said, the second generation cotton of the highest price cut, but a generation of cotton prices unchanged, still 635 rupees/bag. The government of India from began in March 2016 with the highest price management transgenic kind of domestic sales.