08.01.2007 | permalink
In a significant move, the Andhra Pradesh government expressed its willingness to have an ‘out-of-court settlement’ with Mahyco-Monsanto Biotech Ltd in the ‘BT cotton seed’ issue, however, with a rider. Speaking to the media here on Sunday, AP agriculture minister N Raghuveera Reddy said the AP government had no objection to the out-of-court proposal by the company as long as it would be beneficial to farmers in the country. “The government has no problem and is even ready for the out of the court settlement, if the proposal benefits the farmers and reduces the cost of cotton crop,” Reddy said.