Bayer will need to cope with what it finds a rather non-conducive environment in the country to introduce new technology in BT cotton.

Since 2010, Monsanto has worked to develop the agronomic skills of small-scale farmers in India, as well as improve their access to up-to-date information on weather and market prices.

Delhi HC denying Monsanto's patent right over a gm cotton seed has triggered a debate on the path ahead for innovation-led seed companies.

German health and agri-science major Bayer will complete the acquisition of US-based biotech seed giant Monsanto on June 7. While Monsanto will no longer be a company name, the acquired products will retain their brand names and become part of the Bayer portfolio.

\"Bayer will remain the company name. Monsanto will no longer be a company name. The acquired products will retain their brand names and become part of the Bayer portfolio,\" it said.

The merger deal has already received regulatory approvals from China and European Commission.

A bench of Justices S Ravindra Bhat and Yogesh Khanna partially allowed the counter-claims of three Indian seed companies that Monsanto does not have a patent for its BT cotton seeds, a genetically modified variant which resists bollworms.

Eight million cotton growers to get relief

Swadeshi Jagran Manch (SJM), an affiliate organisation of the Rashtriya Swayamsevak Sangh, has urged the Agriculture Ministry to remove the royalty or trait value attached to Bollgard II (BG-II)cotton seed.

Agro chemicals makers PI Industries Ltd rose nearly 5 percent, Excel Crop Care stock was up 2.74 percent and Monsanto India rose as much as 2.3 percent at 12:04 pm. Jaitley also said minimum support price (MSP) of agricultural commodities will be fixed at at least 150% of input price per farm