BRAI bill 2013: India's Monsanto promotion & protection Act?

Monsanto, with an annual turnover of around 13.5 billion US dollars last year, is the largest seed company in the world. Based out of St. Luis in the USA, it also leads the Genetically Modified seed sector globally. Monsanto in India exists as Monsanto India Ltd, Monsanto Holding Pvt Ltd, Mahyco-Monsanto Biotech, besides holding 26% share in the Indian seed company Mahyco. Controversies regarding GM crops around the world, to an extent, have also been synonymous with Monsanto given that it represents whatever that can go wrong with GM crops and the resultant corporate control of seeds. Is the BRAI bill India's Monsanto promotion & protection Act?