23 Nov '11 21:02>5 edits
200,000 Indian cotton farmers have committed suicide since 1997 due to the
introduction of genetically modified cotton from American company Monsanto.
Traditionally the farmers planted their own cotton seeds and were able to save some
for replanting the following year. Due to a contract entered into with the company
they are not allowed to gather the seeds and use them the following year, risking a
25,000 rupee fine for doing so, as the company claims the right of intellectual
property of the modified seed. In order to buy the seed, the farmers must enter into
a contract with banks in order to procure the funds necessary for cultivation.
whereas before, their initial outlet was negligible, the increased cost of buying
seeds and pesticides, not to mention interest on loans (new strains of pests have
nullified the modified seeds original promise of being pest free) and up to seventy
percent of their outlay is now spent on merely acquiring the needs of production. If
a crop fails they cannot secure a second load and are literally without a means of
survival.
Now i am no economist, nor a politician, is this another case of greedy corporate
exploitation and practical enslavement of a people who had practised their way of
life for thousands of years, if so, its nothing less than pure unadulterated neocolonialism.
you can read of it here if you have the stomach for it.
http://www.columbiacitypaper.com/2009/11/10/the-suicide-belt/
introduction of genetically modified cotton from American company Monsanto.
Traditionally the farmers planted their own cotton seeds and were able to save some
for replanting the following year. Due to a contract entered into with the company
they are not allowed to gather the seeds and use them the following year, risking a
25,000 rupee fine for doing so, as the company claims the right of intellectual
property of the modified seed. In order to buy the seed, the farmers must enter into
a contract with banks in order to procure the funds necessary for cultivation.
whereas before, their initial outlet was negligible, the increased cost of buying
seeds and pesticides, not to mention interest on loans (new strains of pests have
nullified the modified seeds original promise of being pest free) and up to seventy
percent of their outlay is now spent on merely acquiring the needs of production. If
a crop fails they cannot secure a second load and are literally without a means of
survival.
Now i am no economist, nor a politician, is this another case of greedy corporate
exploitation and practical enslavement of a people who had practised their way of
life for thousands of years, if so, its nothing less than pure unadulterated neocolonialism.
you can read of it here if you have the stomach for it.
http://www.columbiacitypaper.com/2009/11/10/the-suicide-belt/