'Cotton Seed Price Control Order Violates Free Market Economics'

New Delhi: Opposing government's notification to fix maximum sale price of BT cotton seeds, biotech industry body ABLE-AG on Wednesday said the move violates the principle of free market economics and would discourage research. The Agriculture Ministry has fixed the BT cotton seed price at Rs 800 per packet of 450 gram, including the trait value of Rs 49 per packet. "We strongly oppose the decision made by the committee set up unde...