SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Maharashtra government gives NOC for field trial of 5 GM crops

31 Jan 2015 Evaluate

The government of Maharashtra barring rubber crop has given ‘No Objection Certificate’ for field trial of five genetically modified (GM) crops in the state. These GM crops include brinjal, maize, rice, chickpea and cotton.  Since June 2011, it has been made compulsory for companies to obtain ‘NOC’ from the state governments where they want to conduct field tests.

The state government has approved field trial of BT rice and two other rice varieties which are drought tolerant and has nitrogen use efficiency. Maharashtra is focusing on allowing those GM crops that address the problem of insecticides, weedicide and diseases in crops like rice, cotton, soyabean, groundnut, pigeonpea, brinjal, chilli and others.

Apart from Maharashtra, states of Punjab, Haryana, Delhi and Andhra Pradesh have given NOCs for field trials of some biotech crops, while states like Madhya Pradesh and Rajasthan have banned such research activities.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: