prices

In a first, Centre hikes Bt cottonseed prices

The Union Govt, for the to start with time due to the fact it issued the Cotton Seed Cost (Regulate) Purchase in 2015, has improved the optimum sale price tag (MSP) of cottonseed by 5 per cent to ₹767 for a packet of 450 gm of Bollgard-II seed. The price tag of Bollgard-I is set at ₹635/packet.

The industry sells about five-five.five crore packets (of 450 gm each) of cottonseed each and every yr. The price tag hike has evoked mixed response from the industry and farmers. While the seed industry has welcomed the move, farmers stated it would even further enhance expense of generation for them.

Rasi Seeds, Kaveri Seed and Nuziveedu Seeds, which have an combination share of 26 million packets , stand to get from the price tag hike.

“The stakeholders these types of as seed making farmers, seed corporations and distributors will get section of what

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