Banking service chronicle published this article page no 12 rampant spread of unauthorised and genetically modified htbt cotton seeds is an example of this lack of ipr protection may hinder innovation the ppvfr requires companies to submit parent seeds when applying for registration. this has already deterred many domestic and foreign players from introducing the latest varietiescurrently less than 3% of annual revenue of seed market is ploughed back into research in contrast with 10- 12% which is the global standard. complicated and slow process for registration of new varieties Banking service chronicle magazine subscription.
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