The Association of Biotechnology Led Enterprises (ABLE), India, conferred the ABLE President’s Award for Innovation on Monsanto Holdings Pvt. Ltd. (MHPL) for its Bollgard in-the-seed insect protection Bt cotton technology, at the ABLE 10th Anniversary Conference and Awards in New Delhi recently.
Mr. Sharad Pawar, Union Agriculture Minister, Mr. Ghulam Nabi Azad, Union Health Minister, Mr. Shashi Tharoor, Minister of State for Human Resource Development (HRD), Government of India, and Mr. Murali, President, ABLE, presented the award to Mr. B. Yogesh, Director, Monsanto Holdings Pvt. Ltd. (MHPL) for the company’s innovative cotton insect protection biotechnology and its impact for India’s farmers and cotton ecosystem.
Cotton is one of the nation’s most important commercial crops playing a major role in sustaining livelihoods of more six million farmers and morer 40 million people engaged in related activities such as ginning, processing and textiles.
In the last decade, over six million farmers have created a “white gold revolution” by doubling India’s cotton production with Monsanto’s in-the-seed insect protection Bt cotton technologies and adopting improved agronomic practices, making India the world’s second largest cotton producer and exporter. Reduced insecticide use, higher cotton production, improving farming inputs, and favorable market conditions have helped India’s cotton farmers earn about US $ 7.4 billion in incremental income between 2002 and 2010.
“It is a great honor to be recognized by our industry peers,” said Dr. Gyanendra Shukla, India Region Lead for Monsanto. “Our nation’s farmers have truly created enormous value with biotechnology as a catalyst, value that has been shared by other farmers, seed and technology companies, the user industry and the nation. India’s cotton success is a result of farmer-focused innovation and partnerships. It can be replicated across crops so farmers can improve their lives, and India can be a self-sufficient global contributor in agriculture.”
India’s cotton revolution is one of innovation and partnerships – between the seed and technology companies, six million farmers, the national government and the governments in nine cotton states, agriculture universities, scientists, rural trade, the user industry (ginners, textile, exporters) and some rural development NGOs.
In India, Monsanto helps farmers produce more and conserve more through innovative in-the-seed cotton biotechnologies for insect protection; high-yielding DeKalb corn, Seminis vegetables and Paras cotton seeds; Roundup® herbicide for weed management; on-ground farmer extension and Monsanto Farm AgVisory® Service providing customized crop advisory from sowing to harvest; and partnerships with the public, private and development sectors.
Monsanto India is also among India’s Best Places To Work®, and ranked among India’s Best Employers and/or Great Places To Work in India nine out of the last ten years (2003-12). In 2012, the Company also helped improve the lives of more than 200,000 rural children and 25,000+ farmer families across seven states in the areas of sustainable agriculture and nutrition, education, human rights, and through disaster rehabilitation in partnerships with rural development non-government organizations.