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Farmers want Monsanto, govt continues attack on US firm

6 3 13
13.03.2019

Given it was the Prime Minister’s Office that got a body of experts—chaired by the co-chair of the Genetic Engineering Approval Committee (GEAC)—to do an on-the-spot inspection of cotton fields which, eventually, led to 14 seed companies losing their licences for selling illegal knockoffs of the next generation of Monsanto’s Bt-cotton seeds, it was to be hoped that the Central government had a rethink on its policy towards Monsanto’s seeds. Indeed, the news for the beleaguered US seed-tech major has been quite positive for the last few months. Not only did the Supreme Court restore its patent by overturning the order of the Delhi High Court’s division bench—a full trial on the validity of the patent, though, will continue at a single-judge bench of the Delhi high court—an arbitration panel ruled in Monsanto’s favour in its fight with Nuziveedu Seeds and ordered Nuziveedu to pay Rs 138 crore........

© The Financial Express