Thanks to Bt, India's cotton fields are not suicide fields any more. The genetically modified seed has come as a godsend for farmers in several cotton-growing states with many of them reaping in rich dividends from Bt Cotton cultivation.
In fact, according to a report by Assocham , cotton farmers have earned an additional income of Rs 7,039 crore (Rs 70.39 billion) in 2006 after a 50 per cent increase in yield due to the use of Bt cotton seed.
Assocham's report 'Bt Cotton Farming in India', a joint effort of Indicus Analytics and IMRB, has all the information on overall socio-economic benefits that have accrued to the cotton farmers as a result of the introduction of Bt Cotton.
Farmers who planted Bt Cotton in 2006 earned an additional Rs 7,039 crore in income based on 8.77 million acreage penetration achieved during the crop season.
Introduction of two-stacked genes Bollgaurd II Bt Cotton has benefited farmers. Bollgaurd II Bt Cotton has the advantage of controlling both Bollworm and the sucking pest, Spodopetra, while Bt Cotton (with one gene cry 1 Ac) controls only Bollworm. The Bt technology do not totally eliminate pesticide use, it curtails the number of sprays.
The report said there has been about 50 per cent higher yield increase in Bt fields in 2006, when compared with conventional cotton fields.
The net profit to farmers from Bt cultivations was significantly higher by 162 per cent at Rs 7,757 per acre over conventional cotton, it said.
While the use of Bt cotton has fetched farmers Rs 12,541 per acre, the conventional cotton has yielded Rs 4,484