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Date: 08-Mar-2024 Category: Extra Ordinary State: Union Government Country: India

Bacillus

Issued by Ministry of Agriculture and Farmers Welfare · Department of Agriculture, Cooperation and Farmers Welfare

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Executive Summary & Key Takeaways

What it means

  • The notification issued by the Ministry of Agriculture and Farmers Welfare announces the maximum sale price for Bacillus thuringiensis (Bt) cotton seed packets across India for the financial year 2024-25.
  • This price control is exercised under the Essential Commodities Act, 1955 and the Cotton Seed Price (Control) Order, 2015.

Key Changes

  • The maximum sale price for Bt cotton seed packets (475 grams RIB seed packet containing minimum 5% and maximum 10% non-Bt cotton seed) is specified for two versions: BG-I and BG-II.
  • The maximum sale price for BG-I version is set at Rs. 635.
  • The maximum sale price for BG-II version is set at Rs. 864.

Impact Analysis

Farmers

  • Reduced input costs for cotton cultivation due to price regulation.

Seed Companies

  • Potential for reduced revenue if production costs are not adequately covered by the regulated price.

Retailers/Dealers

  • Monitoring and enforcement will be necessary to prevent black marketing or price gouging.

Government

  • Continued monitoring of market dynamics to adjust pricing as needed in future years.

Key Entities Referenced

Ministry of Agriculture and Farmers Welfare: The issuing authority of the notification, responsible for regulating the agriculture sector and ensuring farmers' welfare. Central Government: The entity exercising powers conferred by the Essential Commodities Act, 1955 to control the price of cotton seeds. Essential Commodities Act, 1955: The legislation under which the government derives the power to control the price and distribution of essential commodities, including cotton seeds. Cotton Seed Price (Control) Order, 2015: The order that empowers the Central Government to regulate the price of cotton seeds. Bacillus thuringiensis (Bt) cotton seed: Genetically modified cotton seeds that are resistant to certain pests. The notification specifies price controls for Bt cotton seed varieties BG-I and BG-II.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एxलx.x-GअI.D-H0x8x0x 32024-252768 CG-DLxx-xEG-I0D8E0x3x2x0 24-252768 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1109] नई किल्ली, िुक्रिार, माचच 8, 2024/फाल्ग नु 18, 1945 No. 1109] NEW DELHI, FRIDAY, MARCH 8, 2024/PHALGUNA 18, 1945 कृजि और ककसान कल्याण मत्रं ालय (कृजि और ककसान कल्याण जिभाग) अजधसचू ना नई किल्ली, 7 माचच, 2024 का.आ. 1171(अ).—केन्द्रीय सरकार, आिश्यक िस्ट्त ु अजधजनयम, 1955 (10 का 55) की धारा 3 के साथ पठित कपास बीि मूल्य (जनयंत्रण) आिेि, 2015 के खंड 5 के उप-खण्ड (1) द्वारा प्रित्त िजियों का प्रयोग करते हुए, उि खण्ड के उप-खण्ड (2) में जनर्िष्टच सजमजत द्वारा की गई जसफाठरि को ध्यान म ें रखत े हुए, संपूणच भारत के जलए जित् तीय िि च 2024-25 हते ु नीचे िी गई सारणी में जिजनर्िष्टच बेजसलस थुठरनिेनजसस (बीटी) कपास बीि पैकेट (475 ग्राम आरआईबी बीि पैकेट जिसमें न्द्यूनतम 5 प्रजतित और अजधकतम 10 प्रजतित गैर-बीटी कपास बीि हो) की अजधकतम जिक्रय कीमत अजधसूजचत करती ह,ै अथाचत:् - सारणी बेजसलस थठु रनिने जसस (बीटी) कपास सकं र का बीिी -I बीिी-II सस्ट्ं करण अजधकतम जिक्रय मल्ू य 635 864 (रुपय ेम)ें [फा. सं. 6-2/2024-एसडी.IV] अिीत कुमार साहू, संयुि सजचि 1681 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF AGRICULTURE AND FARMERS WELFARE (Department of Agriculture and Farmers Welfare) NOTIFICATION New Delhi, the 7th March, 2024 S.O. 1171(E).—In exercise of the powers conferred by section 3 of the Essential Commodities Act, 1955 (10 of 55) read with sub-clause (1) of clause 5 of the Cotton Seed Price (Control) Order, 2015, the Central Government, after taking into consideration the recommendation made by the committee referred to in sub-clause (2) of the said clause, hereby notify the maximum sale price of Bacillus thuringiensis (Bt.) cotton seed packets (475 grams RIB seed packet containing minimum 5 percent and maximum 10 percent non Bt. Cotton seed) specified in the Table below for the financial year 2024-25 for the whole of India, namely:- TABLE Version of Bacillus thuringiensis (Bt.) BG-I BG-II cotton hybrid Maximum sale price 635 864 (in Rupees) [F.No.6-2/2024-SD.IV] AJEET KUMAR SAHU, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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