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Thursday, Nov 11, 2004

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Farmers release Monsanto official, 8 others

By Our Staff Reporter

GUNTUR, NOV. 10. Farmers of Phanidam village in Sattenapalle mandal of Guntur district released the nine hostages in the early hours of Wednesday after an assurance from the District Manager of the Monsanto Seeds that it would pay compensation.

About 200 cotton farmers took into custody the District Manager of Monsanto, T.V.S. Gupta, and eight Agriculture Department officials on Tuesday demanding compensation for the Bt Cotton seed that had failed to germinate properly leading to poor yield.

They demanded a compensation of Rs.15,000 per acre for about 20 acres.

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