The first of the genetically modified seed varieties developed in India will make it to the market soon as the government has registered two such wheat varieties developed by Mahyco, an Indian seeds company. This will create competition in the market dominated by multinational companies and thereby help lower seed prices. The registration of vegetable varieties will begin in March next year.
The Protection of Plant Varieties and Farmers’ Rights Authority (PPV&FR Authority) has registered these two hybrid wheat varieties. “The registration of the novel varieties is considered crucial since MNCs have so far dominated the sector and have even used the research knowledge and genetic material available here to register expensive varieties of food crop seeds,” PPV&FR Authority chairperson Nagarajan told ET.
Read the whole story: The Economic Times
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