Hotline: 1800 102 2007
X
Search Business Opportunities
May, 13 2017

​GEAC nods for commercial cultivation of GM Mustard seeds

SEA said the decision will go a long way in increasing production and productivity of mustard seeds in India.

India's edible oil industry has welcomed the clearance given by Genetic Engineering Appraisal Committee (GEAC) for commercial cultivation of genetically modified mustard seeds.

In a statement, the Extractors Association (SEA) of India said, "India is producing about 7 million tonnes of mustard seeds. SEA, at its first national conclave on rapeseed and mustard held on March 25 this year in Jaipur, had adopted a resolution to actively work for achieving a target of 15 million tonnes of mustard seed production by 2025, with a sub target of 10 million tonnes by 2020, thereby doubling the income of the farmers to accomplish the vision of Prime Minister of India."

The association said it had strongly suggested cultivation of GM mustard crop which can raise productivity by 20 to 30%.

The Supreme Court has earlier issued a stay on the release of GM Mustard seed.

SEA said, "In light of GEAC clearance for cultivation, India is one step away from commercial production of its first GM food crop and, hopefully, with all scientific evidence before it, the Supreme Court will lift the stay and pave way for commercial cultivation."

SEA said the decision will go a long way in increasing production and productivity of mustard seeds in India.

SEA added, "We also congratulate Prof. Deepak Pental, Delhi University for developing indigenous GM mustard seed suitable for India’s climatic condition."

Comment
Related opportunities
  • Bars, Pubs & Lounge
    About Us : Located in the iconic Freemasonry Building right opposite..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Degree/Diploma Colleges
    About Us: Instituto Hispania was incepted to remove language barriers, promote..
    Locations looking for expansion Delhi
    Establishment year 1997
    Franchising Launch Date 2009
    Investment size Rs. 10lac - 20lac
    Space required 1300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Fine Dine Restaurants
    About Us: A high end fine dine stand alone restaurant is..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Pharmacies
    About Us: |Reliable, Experienced, Trusted pharma product provider| The most trusted name..
    Locations looking for expansion New Delhi
    Establishment year 2006
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities