Monsanto is losing millions on failed GM cotton. The company illegally pushed a form of Bt cotton into India and Africa more than a decade ago, but farmers are now pushing back by planting their own indigenous seed.
Monsanto is accused of writing laws and then breaking them to enter the market in India, but after more than 300,000 farmer deaths between 1995 and 2013, many of them attributed to Monsanto, the company is finally paying for their misdeeds. The corporation’s greed is linked to farmer suicides throughout Maharashtra, considered the ‘Cotton Belt’ in India.
The Indian government is now actively promoting the use of indigenous seed, and has called Monsanto out for profiteering illegally on Bt cotton seed.
While Monsanto argues that its genetically modified seed is better,many studies state that their comparisons were not looking at hybridized and indigenous seed (not GM seeds) that give better crop quality and higher yields