One valid argument against GMOs is that big corporations control the tech and can charge the farmers sky high prices for the seed. For a long time, I’ve been saying that I don’t like the system, but if countries want to protect their farmers then they should pass some legislation. Well, it’s happened!
The Maharashtra government has fixed the price of genetically modified Bt cotton seeds at 750 rupees [about US $17.40] for a 450 gram [about 1 pound] packet, it said on Wednesday.
This is the maximum price that seed companies can charge from farmers in the current sowing season, which will start from [sic.] June.
Other main cotton growing states like Andhra Pradesh in eastern coast and Gujarat in western coast have already imposed similar price restrictions.
Maharashtra, the biggest cultivator of the fibre crop, this year began fixing seed prices ahead of the sowing operations in the upcoming kharif season [autumn harvest], under a new government act.