The Andhra Pradesh Government has effected a steep increase in the prices of Bt cotton hybrid seed for 2011-12.
The new price for a packet of 450 gm for Bt cotton-I will be Rs 830, up from Rs 650.
Similarly, in the case of Bt Cotton II, the price will be Rs 750/packet against the Rs 750 last year, according to a Government Order issued today.
Non-Bt hybrids will have a maximum sale price of Rs 500.
Andhra Pradesh has been at the forefront in determining a price consistently lower than that demanded by seed companies.
In the GO, the Government also considered the procurement cost payable to cottonseed growing farmers at Rs 290 for 450 gms, keeping in view the increase in labour and other input costs.