Monsanto Hemorrhaging TENS OF MILLIONS as Indian Government, Farmers Ditch GMO Crops

Monsanto is losing millions in GM cotton failed. The company illegally pushed a form of Bt cotton in India and in Africa more than a decade, but farmers are pushing back by planting their own indigenous seed.

Monsanto is accused of writing laws and then break them to enter the market in India, but after more than 300,000 deaths farmers between 1995 and 2013, many of which have been attributed to Monsanto, the company you are finally paying for their misdeeds. the greed of the corporation is linked to the suicides of farmers across Maharashtra, considered the ‘Cotton Belt’ in India.

The Indian government is now actively promoting the use of native seeds, and has asked Monsanto for illegal speculation Bt cotton seeds.

Monsanto has already lost nearly $ 75 million in royalties this year (5 million rupees) due to change in the choice of seeds by farmers. Sales in India have fallen by 15 percent, and although this is a relatively small market share, is still making a big impact on the profitability of the company.

This could be the end of Monsanto, together, in India. Keshav Raj Kranthi, head of Central India Institute for Cotton Research said

Just wait for the crucial three to four years for a complete and natural twist. By then, most farmers abandon Bt cotton and go for the local variety.

In particular, Burkina Faso in West Africa also recently rejected Bt cotton seeds from Monsanto after finding cotton seed produces a poor quality that fetched low prices for farmers who bothered to make it grow .

While Monsanto argues that its genetically modified seeds is better, many studies indicate that comparisons were not looking hybrid seeds, and indigenous (no seeds transgenic) that give a better crop quality and higher yields.

is genetically modified Bt cotton seed containing Bacillus thuringiensis, a bacterium that produces toxins to a variety of insects, including supposedly bollworms that attack cotton; However, like weeds that have become impervious to Roundup, many organisms become even stronger when introduced to genetic mutations of perfection of Mother Nature. Monsanto even admits that insect resistance to Bacillus thuringiensis is “natural” and “expected”.

Indeed, indigenous cotton varieties have performed better against the bollworm, whitefly, drought and other dangers faced by cotton producers.

Monsanto (doing business in India as Mahyco Monsanto Business Limited) has even threatened to withdraw completely from India, calling the bluff of a government that threatened to reduce their copyright; but the government was not intimidated, reduce their fees seeds by 74 percent, and prices of seeds covered.

This will bring great relief to cotton farmers in India, but with 96 percent of the cotton crop in India are being developed with Monsanto’s Bt cotton, it could take generations to recover the indigenous culture by completely, while bankrupting the corrupt Monsanto simultaneously.

Sanjeev Kumar Balyan As Minister of Agriculture junior India Monsanto said, “Greed has to end.”

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Source: http://www.organicandhealthy.org

The Monsanto bleeding tens of millions as Government of India crops farmers Zanja OMG first appeared in GlobalHealthyUnited .

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