The Acts of the Democracies

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2003

Genetically Modified Crops

Action Aid publishes a report about Genetically Modified (GM) crops. The report states that GM crops will not tackle hunger in poorer countries but could put farmers in the poorer countries out of business.

The findings of the report indicate that GM seeds are more suited to the needs of large scale commercial farmers rather than small farmers. Only 1% of GM research is on crops used by poor farmers.

Four multi-nationals stand to make huge profits from the technology since it is non-sustainable by producing sterile seeds: Monsanto, Syngenta, Bayer Crop Science and DuPont. Their combined profits in 2001 were $21,600 million.

© 2017, KryssTal


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