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The PROTECTION OF PLANT VARIETIES AND FARMERS' RIGHTS ACT 2001 protects:

Aonly chemical fertilizers and pesticides used in modern agriculture in India (cf. Protection of Plant Varieties and Farmers' Rights Act 2001, Sections 14-39)
BPLANT VARIETIES (extant, new, essentially derived, farmers' varieties) — providing breeders' rights and farmers' rights (right to save, use, sow, resow, exchange, share or sell seeds)
Conly foreign plant varieties introduced into India under WTO obligations (cf. Protection of Plant Varieties and Farmers' Rights Act 2001, Sections 14-39)
Donly Government-recognised hybrid plant varieties of commercial significance (cf. Protection of Plant Varieties and Farmers' Rights Act 2001, Sections 14-39)
Answer & Solution
Correct answer: B. PLANT VARIETIES (extant, new, essentially derived, farmers' varieties) — providing breeders' rights and farmers' rights (right to save, use, sow, resow, exchange, share or sell seeds)
1. The PPV&FR Act 2001 implements India's TRIPS Article 27(3)(b) obligation through a SUI GENERIS system protecting plant varieties. 2. Section 14 enumerates categories: (a) new variety; (b) extant variety; (c) farmers' variety; (d) essentially derived variety. 3. Section 39 confers FARMERS' RIGHTS — including right to save, use, sow, resow, exchange, share or sell his farm produce including seed of a variety protected under the Act in the same manner as before passing of this Act (with the limitation that he shall not sell branded seed of a protected variety). 4. The PPV&FR Authority is the regulator. 5. Hence option B is correct. _Source: Patents Act 1970 / Copyright Act 1957 / Trade Marks Act 1999 (Bare Acts, IPIndia portal + Copyright Office) — Protection of Plant Varieties and Farmers' Rights Act 2001, Sections 14-39_
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