Costs and Benefits of Transgenic Crops in South Asia
February 29, 2008 |
A new publication on "Economic and environmental benefits and costs of transgenic crops: Ex-Ante assessment" highlights the economic impacts of transgenic insect resistant (Bt) eggplant, drought and salt-tolerant (DST) rice, late blight resistant (LBR) potato, tobacco streak virus resistant (TSVR) groundnut and sunflower in India; and insect resistant (Bt) eggplant, late blight resistant (LBR) potato, pod borer resistant (PBR) chickpea, and DST rice in Bangladesh. The projected economic and environmental benefits based on ex-ante assessment are significant for all the products under development in both countries. The largest projected benefits are for DST rice which is more than $3 billion for India and more than $100 million for Bangladesh. All of the transgenic products are projected to earn high returns based on the ex-ante assessment and summaries shown in the following table. Projected impacts of transgenic crops in India and Bangladesh cover over 15 years.
Product | Country | Initial Year |
Net Present Value
|
DST Rice | India | 2012 | $3258-$3343 |
Bt Eggplant | India | 2008 | $25-$142 |
TSVR Groundnut | India | 2012 | $673-$1047 |
TSVR Sunflower | India | 2012 | $34-$91 |
LBR Potato | India | 2012 | $613-$987 |
DST Rice | Bangladesh | 2011 | $119-$216 |
Bt Eggplant | Bangladesh | 2010 | $28-$65 |
LBR Potato | Bangladesh | 2010 | $124-$231 |
PBR Chickpea | Bangladesh | 2010 | $19-$56 |
The publication is compiled by the Tamil Nadu Agricultural University (TNAU), Coimbatore and supported by the Agricultural Biotechnology Support Project (ABSP-II) of the USAID. For a copy of the publication contact Dr. KN Selvaraj of the TNAU, Coimbatore at selvarajkn@yahoo.co.in. For more information on biotech developments in India contact: b.choudhary@isaaa.org
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