FSII
Seed industry seeks policy support amid input cost increase
The turbulence in West Asia is starting to have a notable impact on India's seed industry, causing costs to soar. In response, companies are urging the government to consider more substantial tax breaks for research and development efforts. They also propose tapping into the Agricultural Infrastructure Fund to facilitate energy shifts.
India launches global AgXelerate platform to connect agri-innovators with global markets
Launching from the vibrant heart of New Delhi, the innovative platform Global AgXelerate is set to transform the agricultural landscape in India. This new initiative is designed to seamlessly connect local agricultural pioneers with international markets, engaging a network of startups, incubators, and investors from around the world.
Punjab hybrid rice ban to cost farmers up to Rs 10,000 per acre, says industry body FSII
The Federation of Seed Industry of India (FSII) is urging central intervention against Punjab's ban on hybrid paddy seeds, warning of substantial income losses for farmers. FSII argues the ban, citing water depletion and milling recovery issues, contradicts the Seed Act and threatens farmers relying on these high-yield, adaptable varieties.
Budget 2025: Agri industry lauds focus on pulses, seeds, tech; some concerns remain
Industry leaders have praised the Union Budget 2025-26 for its agricultural initiatives, especially the focus on technology and seed development, though some sector-specific demands remain unmet. Highlights include a Rs 5 lakh Kisan Credit Card loan limit, emphasis on climate-resilient crops, and support for reducing import dependencies. Effective implementation is crucial for achieving these goals.
Govt weighs herbicide-tolerant BT cotton, glyphosate use as industry pushes
The government is evaluating complex policy decisions on Herbicide-tolerant BT cotton and the widespread application of glyphosate amidst industry pressures. An official committee is examining the implications, while an integrated weed management approach combining mechanisation, herbicides, and herbicide-tolerant varieties is being discussed.
Budget 2024: Sitharaman may significantly enhance allocation for farm sector schemes
The government is likely to significantly enhance allocation for key farm sector schemes and push credit in the interim Budget to boost rural economy. Growth in the agriculture sector is projected to decelerate to 1.8% in 2023-24. The government is also likely to announce a substantial increase in the agricultural credit target to Rs 22-25 lakh crore for the next fiscal.
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Seed industry concerns not addressed in Budget: FSII
FSII had made a representation for restoration of the 200 per cent income tax deduction of the research expenditure of seed industry. Kaundinya also said research investments by the private industry need to be stepped up in order to face the challenges of climate change, natural resource depletion, newly emerging pests and diseases and stagnant yields.
India fields technology to boost farmers' crop yields
Besides mechanisation of farming, technology penetration in Indian agriculture sector is happening at multiple levels: policy interventions, digital innovations and biotechnology. In June, Bain & Co estimated that $30-35 billion of value pool will be created in agri-logistics, offtake, and agri-input delivery in India by 2025.
Industry urges govt to curb surge in illegal HtBt cotton
The illegal cultivation of HtBt cotton doubled this year to around 7 million packets across India and was prevalent in major states like Maharashtra, Andhra Pradesh, Telangana and Gujarat, the seed industry associations pointed out.
Seed industry urges govt to take action against illegal cultivation of HT-Bt cotton
The NSAI said regulators are only limiting their checking to licensed dealers and seed companies while this illegal activity of HT seed sales is carried mostly by unorganised and fly-by night operators. Focus must be shifted to catching them and taking exemplary and strong punitive action.
Regulating crops doesn't guarantee better profitability for farmers: FSII Director General
Regulating crops is not an end in itself and does not guarantee better profitability for farmers, Federation of Seed Industry of India (FSII) director general Ram Kaundinya told ET in an interview.
Seed industry bodies demand uninterrupted movement of agri-inputs ahead of kharif season
While seed being an essential commodity is exempt from the closure, the National Seed Association of India (NSAI) urged the government to allow the staff working in seed companies and their vehicles as well as retailers to function in the current situation.
Cotton seed manufacturers want Government to increase seed price
Cotton seed manufacturers want the government to immediately announce the revised price of BT Cotton seed, so that there is no shortage of the seed in Punjab and Haryana where the planting season begins in a fortnight.
Government to review cotton seed price
The industry has sought a 10 per cent increase in price because of rising input costs. Some manufacturers have sought pricing freedom. Last year, the government had fixed the price of Bt cotton seeds at Rs 730 per 450 gm package, which was 1.35 per cent lower than the previous year.
FSII recommends making India global seed production hub & pushes for 200% deduction of R&D expenditure in the seed industry
The income tax deduction for the in-house R&D has been reducing over the last few years, it said. Through an amendment as per Finance Act 2016, the weighted deduction was reduced to 150% effective from April 1, 2017 through March 31, 2020 and it indicated a further reduction to 100% from April 1, 2020.
Difficult to say Bt cotton crop yield loss due to pink bollworm attack: FSII
It is "unfair" and "breach of principles of natural justice" to hold seed companies responsible based on "media reports", alleged the Fed FSII in a statement.
How an Indian is giving the world's biggest seed firm a hard time
Mandava Prabhakar Rao's royalty dispute with Monsanto, which is now being bought by Bayer, has propelled him to headlines.
Seed industry body wants action against illegal sale
The association, which has 35 members, has been formed with the objective of bringing together like-minded research based seed companies to provide quality seeds to farmers.
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