Genetic modification of crops have resulted in (i) increased tolerance against abiotic stresses (cold, drought, salt, heat) (ii) reduced reliance on chemical pesitcides (pest-resistant crops) (iii) reduced post-harvest losses (iv) increased efficiency of minerals used by the plants (this prevents early exhaustion of fertility of soil) (v) enhanced nutritional value of the food (vi) creation of tailor-made plants to supply alternative resources such as starches, fuels and pharmaceuticals to industries