The cost of a unilateral ban: The pesticides industry stares at an INR9,600 crore hole in business

The agri ministry’s decision to ban 27 commonly used generic pesticides has stirred up a hornets’ nest. A further review is necessary, as most of the pesticides falling under the proposed ban are highly cost-effective compared to their so-called alternatives. However, an addendum allowing export of the same pesticides has brought some relief to the industry.