Impact of bt cotton in india

Current status of Bt Cotton in India. Its impact and results in farming society and Indian economy. Vitality and dynamics of Bt cotton has presented

1. Impact of Bt Cotton in India Presenter Chandrmouli Singh MBA (AB) II Year 11-10-2013 1 IABM Bikaner

2. Slide to slide Introduction Performance: Production, area and yield of cotton In India Socio-Economic Impact Major Issues Conclusion 11-10-2013 IABM Bikaner 2

3. Introduction Bt: Bacillus thuringiensis   Bt Cotton: transgenic cotton crop Resistant to ball worm complex Introduced by Monsanto Pvt. Ltd. in 2002-03 Monsanto gave license to 44 companies still only 9-10 big players in market Production: 32 mn bales in India (95% of total cotton production) MSP of cotton ₹ 1363 to ₹ 2242 (2002-2012) Current market price ₹ 4377 11-10-2013 IABM Bikaner 3

4. 11-10-2013 IABM Bikaner 4 Source: Seed companies reap rich harvest on Bt cotton wave. Business Standards, Sanjeeb Mukherjee   ,New Delhi,   February 23, 2012 

5. Production, area and yield of cotton in India 11-10-2013 IABM Bikaner 5 Year Area# Production* Yield** 1950-51 5.88 3.4 99 1960-61 7.61 6.0 134 1970-71 7.60 5.7 127 1980-81 7.82 7.8 169 1990-91 7.43 11.7 267 2000-01 8.57 14.0 278 2001-02 8.73 15.8 308 2002-03 7.66 13.6 302 2003-04 7.63 17.9 399 2004-05 8.78 24.3 470 2005-06 8.67 24.1 472 2006-07 9.14 28.0 521 2007-08 9.41 30.7 554 2008-09 9.40 29.0 524 2009-10 10.31 30.5 503 2010-11 11.14 33.9 517 2011-12 12.19 34.5 481 #In million hectares;  *In million bales. One bale =170 kilograms;   **Yield in kilograms per hectare;  Note: Bt cotton was introduced in  India In 2002   Source : Cotton Advisory Board

6. Socio-Economic Impact Benefits of B t cotton to I ndian small farmers - Production and yield increased at a steady growth rate of 9.25 per cent and 4.95 per cent since 2002-03 - Farmers ' income jumped up by nearly 375 percent - 84 per cent farmers say that quantity of seed usage per hectare is less in Bt Cotton than used in Non-Bt cotton 76 per cent and 71 per cent of farmers reduced quantity and expenditure on pesticide usage respectively with Bt cotton seeds 11-10-2013 IABM Bikaner 6   Source: http ://farmersforum.in/policy/study-on-socio-economic-impact-assessment-of-bt-cotton-in-india / on October 8, 2013

7. Benefits to companies Labour has highest input cost 53 per cent, followed by fertilizers 10.84 per cent, seed 9.61 per cent and mechanization 8.86 per cent Benefits to Environment - Steep decline in pesticide consumption: 23 percent (2002-09) 11-10-2013 IABM Bikaner 7

8. Major Issues Farmers’ suicide - Poor institutional credit - Lack of irrigation facilities in rain-fed areas - Fluctuating prices for cotton crop Faulty export policies of the Government of India Higher prices - Cost of Bt seed 450 g: ₹ 800-1400 11-10-2013 IABM Bikaner 8

9. Conclusion From fifth-largest cotton producer largely known for its low-quality fibre, India is now the world’s second-largest grower of cotton, only behind China The surge in Bt Cotton has ushered another equally important development – ‘the coming of age of Indian seed companies’ ₹ 10,000 crore market, almost 40 per cent is dominated by Bt cotton Bt cotton dramatically changed the relationship between farmer and seed but still need to improve 11-10-2013 IABM Bikaner 9

10. Thank you 11-10-2013 IABM Bikaner 10