“Serious regulatory hitches and lack of clarity of what the industry should do is hampering the progress of genetically modified crops,” said Kiran Mazumdar-Shaw, member, executive committee, Association of Biotechnology Led Entrepreneurs (ABLE), chairperson, Vision Group on Biotechnology, Government of Karnataka and chairman and managing director, Biocon Limited. The only way to develop a bio-economy would be to encourage GM crops which is still grappling for support. There is a serious false propaganda on to highlight the negative aspects of GM crops.