\(-ㅂ-)/♡ try 1ClickPost.com paste text to share free

Seed giant Monsanto meets its match as Hindu nationalists assert power in Modi's India

Say and pronounce Seed Giant Monsanto on SuperTTS.com Make Your Own Text-To-Speech Words Instantly



NEW DELHI – Tens of millions of dollars were within reach for M. Prabhakara Rao as he prepared in April 2015 to take his Indian cotton seed company public.The Indian businessman already had $54 million in initial funding from an American private equity investor. Rao had also locked in a long-term licensing agreement with Monsanto Co, the world’s largest seed company, for the technology used in genetically modified cotton seeds that made up the majority of his annual sales.Two months after publishing his initial public offering plan, Rao gambled. He sent one of his executives to negotiate a 10 percent cut in royalties with Monsanto. The multinational said no.The outcome of that meeting ignited a corporate battle that has left Rao’s IPO plans in tatters and drawn in the Indian and U.S. governments. More ominously, the fight has disrupted India’s $1.8 billion-a-year seed industry, with Monsanto saying it may abandon the market.Monsanto’s Indian joint venture last July withdrew its application to introduce a new generation of cotton seed technology to India. The existing version, in India for a decade, is losing effectiveness against bollworms, which can wipe out crops. If another company doesn’t step into the breach, agricultural economists warn the dispute could damage India’s cotton-growing sector - which recently surpassed China’s as the world’s biggest and last year accounted for more than a quarter of global output, with a value of over $8.5 billion.To an outsider, Rao’s decision to take on Monsanto in a David-and-Goliath battle may seem hard to fathom. But the rules of doing business in India have changed. With the rise to power of Prime Minister Narendra Modi in 2014 on a groundswell of Hindu nationalism, newly assertive right-wing groups, suspicious of foreign influence and particularly outspoken against large multinationals like Monsanto, now hold sway in the government.The leaders of these groups operate under the umbrella of the powerful Hindu nationalist group known as the Rashtriya Swayamsevak Sangh, or RSS, Hindi for “national volunteer organization.” They speak of returning India to an ancient, Hindu glory that was ravaged by foreign imperial powers. More pragmatically, they’re amassing power.Modi himself first attended RSS meetings at the age of 8 and was propelled to power with the group’s help. A series of crucial ministries, including agriculture, are now run by ministers who are members of the RSS and its affiliates. Members of these Hindu nationalist groups also form a network of influential mandarins who seldom surface in public. They have the ear of the prime minister and those around him.A lean, moustachioed man, Rao denies seeking the support of the RSS or working in tandem with the group, which wants indigenous varieties of cotton seed to replace Monsanto’s products. But RSS powerbrokers - including the agriculture minister himself - told Reuters that Rao approached them for help in his battle with Monsanto. And they say they were happy to weigh in.The agriculture minister, longtime RSS member Radha Mohan Singh, says his decision to intervene in the dispute was driven by the need to serve the interests of all Indian farmers, not just Rao.The timing of Singh’s actions, though, was telling. In the months after the meeting between Monsanto and Rao’s man in Mumbai, the agriculture ministry first challenged and then slashed the royalties Monsanto is able to charge in India. The ministry called for an antitrust investigation into alleged monopolistic practices by the company. It also floated the idea of a compulsory licensing regime that would all but force Monsanto and other firms to hand over their proprietary technology to major Indian seed companies that applied for licenses.Prime Minister Modi hasn’t publicly commented on the matter. After the U.S. ambassador intervened last year, according to two people familiar with the dispute, the Indian government suspended the compulsory licensing proposal. The other measures remain in place.After years of seeking more leverage with Monsanto, Rao found in the rise of Modi and the RSS an opportunity to challenge the company’s domination of the Indian market. It was against this backdrop that he dispatched senior company executive P. Sateesh Kumar, a Ph.D. in agricultural genetics, to Monsanto’s Mumbai headquarters in 2015.At the time, Rao’s company, Nuziveedu Seeds Ltd, was behind on royalty payments to Monsanto and on its way to racking up, by Monsanto’s calculations, more than $20 million in debt. And its American investor, Blackstone Group LP, was waiting for the IPO to go through. Nonetheless, Kumar sat down in a corner conference room on the fifth floor and conveyed Rao’s demand for a reduction in royalties. Monsanto delivered its answer there and then: That wasn’t going to happen.


monsanto gmo church local news world news actuality sabc news money south african bayer food propaganda military coup ngos israel zionism international jewry cia kgb capetonians global elites benghazi nuclear weapons cruise missiles orthodox nuclear war christianity illuminati troops al-qaeda military force viktor yanukovych bombings un sanctions chemical weapons terrorism
  Email Video to Friends   Receive Emails for Similar Videos


  Repeat and Loop Video   Link to Video   Create Short URL  Publish Text About This Video   Share on Facebook, Twitter, and more
  See Recommended Videos For You


  Monsanto pulls new GM cotton seed from India in protest   Bayer acquires Monsanto in biggest global takeover deal of the year   Corporate Courtship: The Bizarre Affair of Monsanto and Syngenta Thickens   Tiny Microbes Are Next Big Thing in Farming   Germany: Hundreds rally against Monsanto-Bayer mega-merger in Berlin   Govt cuts Bt cotton royalty fees by 74%   Mexico builds wall to keep out Monsanto’s GMOs   'Bows fans cheering from here to Honolulu over Cal Bears victory   Did Monsanto Write Seed Policy in Malawi?   Monsanto to be slain by Brazilian farmers?   'Let nothing go': Monsanto accused of hiring Internet trolls to stop online anger   BJP wins landslide in India's biggest state | DW News   It Is Time For Monsanto To Quit India: Vandana Shiva   Germany: 'Marriage made in hell' - Activists condemn Bayer-Monsanto merger   Bayer's hungry for a deal with Monsanto   Monsanto: The Company that Owns the World’s Food Supply   U.S. Lawsuits Build Against Monsanto Over Alleged Roundup Cancer Link   DuPont’s Disgusting C8 Legacy: Their Toxins Will Keep Poisoning For Generations - The Ring Of Fire   Empire Season 2 Episode 8 "My Bad Parts" Promo (HD)   'Despacito' Meets Its Match in Malaysia   Monsanto Hopes to Sell More GMOs in India   DuPont’s Disgusting C8 Legacy: Their Toxins Will Keep Poisoning For Generations - The Ring Of Fire   Monsanto takes over farmer in Supreme Court   DuPont’s Disgusting C8 Legacy: Their Toxins Will Keep Poisoning For Generations   Monsanto denies link between GMOs and cancer, birth defects in Argentina   Behind the Label - Full Documentary   Monsanto Earnings Dip On Lower Biotech Seed Sales   Empire 2X08 "My Bad Parts" Promo   Flyers ready for Davidson   16yr old vs. 300 pounder BJJ match   BJP win in state vote a boost for India's PM | DW News   Democrats hope Trump meets his match in Schumer   Nazi Ties & Agent Orange: The Real Bayer-Monsanto Merger Story   Jim Carrey Rips Monsanto   Nazi Ties & Agent Orange: The Real Bayer-Monsanto Merger Story - The Ring Of Fire   India: Liberals rise up against nationalism | DW English   Monsanto's Unsolicited $45 Bln Takeover Offer Fails to Sway Syngenta   Nazi Ties & Agent Orange: The Real Bayer-Monsanto Merger Story - The Ring Of Fire   Donald Trump Condemns Violence As White Nationalists | Trump Responds To Violence In Virginia   CNN Host EATS HUMAN BRAIN! & Gets Threatened By Mystic Cannibal   Norovirus meets its match: a vaccine   Svalbard Seed Vault: Built to save humanity from an apocalypse   తిరుమల లడ్డు రుచి వెనుక రహస్యమేంటి ?   Did Monsanto Write Seed Policy in Malawi? - TheRealNews   Beets: Adapting to the future of farming   St. Cloud Tech Defeats Rogers 3-1 For Section Soccer Title   People and Power - India’s Hindu Fundamentalists   Mombasa and its environs power interruption   Indian nightmare: GMO killer-cotton (RT Documentary)   America’s Lawyer [03]: Jack Kevorkian’s Attorney on Legalizing Doctor-Assisted Suicide   NASA | Aqua MODIS: Science and Beauty   5 things you should never buy at Walmart   ISSUES: New Charter School Option in Miami   Mystery as Giant Grey Sea Creature Washes Up on Australian Beach and Found Decomposing in the Sand   Five Things About ChemChina-Syngenta Megadeal   Mystery as Giant Grey Sea Creature Washes Up on Australian Beach and Found Decomposing in the Sand.   Apple Sues Qualcomm for $1B   Hundreds rally to keep French nuclear plant open   WION Focus: Life as a Pakistani Hindu   At Hindu-American rally, Trump pitches India and U.S. as ‘best friends’   The man who saved my dad's life | My Family, Partition and Me: India 1947 - Episode 1 | BBC One   Money Talks: Monsanto Q3 fiscal 2017 profit beats estimates   Global green bond market touched $37 billion in 2014: Moody’s   CNN Host EATS HUMAN BRAIN! Life Threatened By SKETCHY Mystic CANNIBAL & POO Flung At Him   CNN Host EATS HUMAN BRAIN! Life Threaten'd By Mystic CANNIBAL & POO Flung At Him   Movie Trivia Schmoedown Tournament - Mark Reilly Vs Eliot Dewberry   As Schools Match Wits 2015 Championship Double Overtime Ending   Astronauts Eat First Space Grown Salad   The Age Of Monsanto Is Over!   Monsanto Caused 291,000 Suicides In India   How to speak up for yourself | Adam Galinsky   Indian cow vigilantes beat a Muslim cattle transporter to death.   Hindu pilgrims claim Pakistan as their homeland   PM Modi, Priyanka Chopra in LinkedIn Power Profiles List of 2017   Hindu population declining in India as they never convert people: Kiren Rijiju

Popular Today

  What is Maoism? | Ideology explained   Fleece Trump's Own Supporters? He'll Pardon You   Sales drop at Trump businesses hit hard by pandemic, toxic image   'Armageddon': See The Chilling Warning About White Supremacy Before The Capitol Riot   7 Democrats Call For Ethics Investigation Of Ted Cruz, Josh Hawley 'To Fully Understand Role' In Cap   [OC] Film Study: How the Buffalo Bills Shut Down Lamar Jackson   Terere documentary. Episode 1.   Rikako Yuasa (108lbs) rolling on people   Watches 1 Ryan hall fight   Lockdown escape vs Lotus Lockdown hack- debunk #3 You NEED this!   Rousimar Palhares showing his favorite setup for the head & arm choke   ESQUI-JITSU | Roberto ROLETA Magalhaes BJJ Legend & Inverted Guard Innovator   170 lb Purple Belt vs 185 lb White Belt   Never had a problem with that lol!!!   Once you get good at playing guard it’s easy to stay in your comfort zone and not stray too far away from it. But I want you guys to also work on your passing   Schumacher takes the lead. Crowd goes wild.   F1 2016 Brazilian GP - Max Verstappen overtakes Nico Rosberg   Jenson Button’s BAR 006 at Imola 2004   Inside The F1 Medical Car   Dana white's live reaction to Max Holloway vs Calvin Kattar. (5:32 for mobile users)   UFC 257 Talks   Dan "The Hangman" Hooker Striking   Conors Greatest entrance - UFC 189   UFC 257 Embedded: Vlog Series - Episode 6   A young Dustin Poirier pouring his heart out after losing in his first main-event in the UFC against the Korean Zombie. Amazing how far he’s come   UFC's Grand New Stage - The Etihad Arena   Chael Sonnen & Michael Bisping pick Dustin Poirier vs. Conor McGregor 2 | UFC 257 | ESPN MMA   Last minute fight picks- Conor McGregor vs. Dustin Poirier   UFC 257 Embedded: Vlog Series - Episode 5   Luke Thomas Reviews Dustin Poirier's Hot Sauce | Morning Kombat   #1 Iowa VS #11 Minnesota NCAA WRESTLING Dual PREDICTIONS   I wonder how much they paid the refs   Isaiah Martinez vs. Jason Nolf: 2016 NCAA title (157 lbs.)   Greco-Roman Wrestlig highlights   Jayson Shaw Shot Recreate | Mosconi Cup 2020 | RJ TRICKSHOT   Alex Higgins doing Alex Higgins things at the 1985 Masters   Do you use inside or outside to help with this shot?   Shane O'Hara clears the table after a missed black ball   Ignite   Help me beat dad   900 global reality ball review   Me after grip locking hole 1 after 5 days of field work   First Video!!! The whip... in minor detail for the minor disc golfer. Made a tutorial video, might keep it up if it gets good feedback. Hope it helps some of you!   I made this info video about the correlation between Disc Speed and its Weight.   The Dark Economy   Leslie Knope meets Joe Biden.   European Tour Golfers in Anger Management Group Therapy   my friend made an edit with some clips we took the other day, we arent much good but support is appreciated!! the edit was made by @trixstar on twitter   Triple heelflip   Krooked "En Cuidad De México" Video | Thrasher   View All Today's Popular Videos