Monsanto Has Lost $11 Million As Indian Cotton Farmers Begin To Use Indigenous Seed*

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The Indian government has now begun actively promoting the use of indigenous seed, whilst also publicizing Monsanto profiteering illegally on Bt cotton seed. This year has already seen Monsanto lose nearly $75 million in royalties (5 billion rupees) due to farmers changing their seed choice.

Hwaairfan's Blog

Monsanto Has Lost $11 Million As Indian Cotton Farmers Begin To Use Indigenous Seed*
By Jessica Murray

After illegally pushing a form of Bt cotton into India and Africa over 10 years ago, agrochemical company Monsanto is now losing millions of dollars due to farmers now planting their own indigenous seed. In the past, Monsanto has been accused of writing laws and breaking them in order to enter the Indian market. However, the company has now begun paying heavily for their misdeeds, following more than 300,000 farmer deaths between 1995 and 2013, many of which were attributed to Monsanto. Farmer suicides throughout Maharashtra, which is considered to be the ‘Cotton Belt’ in India, have also been linked to the greed of the corporation, according to reports.

The Indian government has now begun actively promoting the use of indigenous seed, whilst also publicizing Monsanto profiteering illegally on Bt cotton seed. This year has…

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