Home Business India cuts Monsanto’s GM cottonseed royalty by 20.4%, may trigger another row

India cuts Monsanto’s GM cottonseed royalty by 20.4%, may trigger another row

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(G.N.S) Dt. 13 New Delhi India has cut royalties that local seed companies pay to Monsanto Co for the second time in two years, potentially fuelling another row with the US company that threatened to leave the South Asian country in 2016. India’s agriculture ministry has decided to reduce royalties paid by Indian seed companies to Monsanto for its genetically modified (GM) cotton by 20.4%, said a government order released

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