Positive impactSector
Need for balanced regulatory system to promote use of bio-tech in farm sector: ICAR DG
Economic Times 2 hrs ago·26 Jul 2026, 4:42 pm
Agriculture Minister Narendra Singh Tomar has emphasized the need for a balanced regulatory system to encourage the use of biotechnology in farming. The discussion, led by the Indian Council of Agricultural Research (ICAR) and industry bodies like the Federation of Seed Industry of India, focused on streamlining the approval process for Genetically Modified (GM) and Genome-Edited (GE) crops.
This move is significant for the agri-tech sector as it addresses long-standing concerns regarding the speed and clarity of regulations. A more efficient framework could accelerate the adoption of advanced seeds, potentially boosting agricultural productivity and farmer incomes. However, the final policy will need to carefully balance innovation with environmental and safety concerns.
Investors should watch for the government's official notification on these regulatory reforms. Clarity in the approval process is often a key driver for stock prices in the agrochemical and seed sectors, as it reduces the risk associated with new product launches.
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