"In exercise of the powers conferred by sub-clause (1) of clause 5 of the Cotton Seed Price (Control) Order, 2015, the central government, after consultation with the committee referred to in sub-clause (2) of the said clause to recommend the maximum sale price of cotton seed, hereby declares the maximum sale price of Bt Cotton seed packets for the financial year 2018-19 for the whole of India", said a note issued by the Ministry of Agriculture. The move triggered a long-running dispute between the Indian and USA governments.
The official added that cotton has been a success story for Indian agriculture, with a sharp jump in both output and exports, but the sector needs a predictable business environment to attract investment.
The government also trims the prices of genetically modified cotton seeds by 7.5% to 740 rupees ($11.39) for a packet of 450 grams to help farmers who are struggling with pest infestations; more than 90% of India's cotton crop is genetically modified.
"The new, low price would definitely impact seed supply and seed availability this year".
The move will benefit 8 million cotton growers, but will reduce the margin of domestic seed companies and also MMBL. In one crop season, 50 million cotton seed packets are usually sold. "NSAI may even file a writ petition against the government decision", Kalyan Goswami, director general of NSAI, told Reuters.
According to Goswami, seed prices have fallen since 2011 while fuel, labor and other supply chain costs have risen. "But the idea was ignored", he said. Last year, prices were kept unchanged.
India approved the genetically modified Bt cotton technology for commercial cultivation in 2002.
Bhandari defeated Kumari Laxmi Rai from Opposition Nepali Congress with a staggering majority in the Presidential election. She was elected twice in parliamentary elections in 1994 and 1999 and also served as the defence minister.
It fall, as 16 investors sold PMT shares while 43 reduced holdings. 37 funds opened positions while 51 raised stakes. PennyMac Mortgage Investment Trust had 16 analyst reports since July 27, 2015 according to SRatingsIntel.
About 597,288 shares traded or 136.22% up from the average. (AAT) has risen 1.63% since March 12, 2017 and is uptrending. Similarly, investors look up the share price over 12 month periods. 61 funds opened positions while 194 raised stakes.
Gordon, the Magic's leading scorer at 18.3 points per game, practiced Monday and said afterward he felt a bit winded. San Antonio hasn't missed the postseason since the 1996-97 season, when Tim Duncan was a senior at Wake Forest.
Federal Reserve and European Central Bank, is wary of central banks issuing their own central bank digital currency, or CBDC. While a CBDC might not alter the basic mechanics of monetary policy implementation, its transmission could be affected.
On Wednesday, July 12 the stock rating was maintained by Oppenheimer with "Buy". (NYSE: FIS ) rating on Monday, February 5. Tiverton Asset Lc reported 112,772 shares. (NYSE: FIS ). 717,345 were accumulated by Vaughan Nelson Inv Management L P.
Trump would become the first sitting USA president to meet with a leader of the reclusive country after having exchanged insults. The US officials dismissed criticism that Trump's decision to meet elevated the North Korean leader's worldwide standing.
Parametric Portfolio Associates LLC raised its position in shares of Lloyds Banking Group by 8.1% during the third quarter. The fund owned 450,916 shares of the financial services provider's stock after selling 39,818 shares during the quarter.
As per reports, the bus that fell into the gorge was going from Almora's Deoghat to Nainital's Ramnagar. Meanwhile, staff at Bhatrojkhan police station said the postmortem was being conducted at Bhatrojkhan.
CBSE Class 12th Chemistry Board Exam 2018 is divided into three areas of Physical, Inorganic and Organic chemistry. After holding the Physics exam on March 7, 2018, the Chemistry test was held after a gap of 6 days.
Nine trekkers dead in India Tamil Nadu forest fire
In a note to the authorities, one of the member D Prabhu said that the team paid Rs 200 per head to the forest department. The Indian Air Force (IAF) was pressed into action by the Defence Minister after reports of the forest fire surfaced.
Finland acquires stake in Nokia
Nokia phones now are made by a company named HMD Global and this deal has nothing to do with that company or the phone business. He also noted that in addition to being an attractive investment target, Nokia is also Finland's largest company.