Meanwhile, sugar prices decreased further in the domestic market, reaching Rs 26 per kg without duties in Maharashtra.
Bejo Sheetal Seeds will soon seek NOCs from as many as five states to carry out biosafety research level trials of genetically modified brinjal.
There is good news on the inflation front. Diesel prices are likely to fall 11% in a span of two weeks; onion has dropped to Rs 20 a kg.
Monsanto’s GM maize is being tested at two agricultural universities in Maharashtra — MPKV and the Vasantrao Naik Marathwada Krishi Vidyapeeth (VNMKV) at Parbhani.
MPKV sources said Monsanto’s GM corn has been sown on 30 guntha of land (0.75 acre) in the university campus with proper isolation.
Gadkari owns Purti group, which runs 3 sugar mills, late Gopinath Munde owned Vaidyanath Sugar Co-operative while Tavde, runs Shreenath Mhaskoba mill.
Onion farmers are staring at the prospect of losses this year as the already low prices could drop even further with the arrival of kharif crop.
While the Modi government talks up overall economic sentiment, the picture for the rural economy is far more uncertain.
Sugarcane pricing has always been a thorny issue in India. A high price is resisted by influential sugar mill owners as it raises their input costs while a low price can annoy farmers.
About two lakh farmers are members of 260 FPOs promoted by SFAC. Apart from these 260, another 350 FPOs are under the process of registration.
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