12.05.2011 | permalink
foreign multinationals now dominate industries, such as the cotton industry, including dominating the key inputs that are needed for cotton. In the case of cotton, in particular, the genetically modified Bt cottonseed has been promoted so effectively in India that it now dominates the entire sector, and between its cost, quality and availability, has an enormous impact on farmer costs and profits and yields to the point that it’s landing them in enormous debt.