Touch the Soil News #359 It is no secret expensive GMO seeds – for which many small farmers in India had to get into debt for – has caused financial hardship. Financial failure is like social failure in India. Since 1997 there have been roughly 200,000 farmer suicides in India due to loan defaults and financial failures. Recently, the government of India has had enough – particularly as relates to the nation’s large cotton farming footprint in which GMO seeds now prevail. The government of India led – by Prime Minister Narendra Modi – has imposed a 70 percent reduction in royalties that Monsanto receives for it cotton technology. Contributing…
