The notification regarding the guideline for Bt cotton technology issued on May 18 will be put in the public domain for the period of 90 days. If the GM technology loses its efficacy, the technology provider would not be eligible for any royalty. The seed price was fixed as per the Cotton Seeds Price Control Order issued in December 2015. "The notification regarding the guideline for Bt cotton technology issued on May 18 will be put in the public domain for the period of 90 days, in the same form for comments and suggestions of all stakeholders," an official statement said. The 'Licensing and Formats for GM Technology Agreement Guidelines, 2016' comes two months after the Centre had fixed the MSP of Bt cotton seed packets at Rs 800 per packet for bollgard (BG)-II version of Bt cotton hybrid, including Rs 49 for the trait value.

Source: dna May 23, 2016 09:52 UTC