Hybrid seed prices cut by 10% for 2017-18 kharif season

The seed industry has decided to cut retail prices of hybrid seeds, excluding cotton, by 10 per cent from monday through the ensuing 2017-18 kharif season. The decision in this regard was taken at a meeting called by Agriculture Minister Radha Mohan Singh in New Delhi yesterday to reduce voluntarily the seed prices. Mr Singh said, government appealed to the seed industry to bring



down the prices of hybrid seeds in the interest of farmers and they have agreed to do so. Later in a tweet, he appreciated the seed industry for making collective decision in favour of farmers. 

National Seed Association said the new rates will not be applicable on cotton seeds which are already regulated by the government.