Monsanto India hit a new 52-week low today at Rs.1520 and continues to trade some 3% lower.

Today, the Agriculture Minister Radha Mohan Singh, said in an interview on TV that India will not allow seed companies such as Monsanto to exploit farmers and will keep regulating seed prices.

Last month, ignoring the threat of Monsanto that it will leave India, the Govt went ahead and cut the royalties paid by local firms for Monsanto's genetically modified cotton seeds by nearly 70%.

Read the following Cover feature for more details: https://www.sptulsian.com/article/87577/monsanto-india-sowing-seeds-of-discontent-and-doubt