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Foreign [GMO] seed firms rally behind Monsanto in Indian alliance
by Krishna N. Das and Mayank Bhardwaj
Reuters Translate This Article
26 August 2016
On 26 August 2016 Reuters reported:
Major international seed companies in India formed an alliance on Friday, seeking the support of their peers after a flurry of regulatory steps in recent months by Prime Minister Narendra Modi's government. Executives from companies including the local businesses of Monsanto, Bayer, Dow, Dupont Pioneer, and Syngenta announced the alliance in a crowded Press Club of India conference room. India is Monsanto's biggest market outside the Americas. Monsanto objected to a government proposal that would force it to share its technology with local seed companies. It has also taken the government to court over a cut in the royalty it gets from seed companies for licensing use of its patented technology. The New Delhi press conference was a show of solidarity with Monsanto... on Friday its India head, Shilpa Divekar Nirula, said there was a need to align Modi's goal of doubling farmers' income by 2022 with what firms like Monsanto can offer.
Global Good News service views this news as the failure of modern environment and business systems.
Such 'flops' highlight the need for more intelligent, evolutionary, Natural Law based, life-supporting systems.
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