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LATEST NEWS UPDATES | India's MSP programme for pulses under WTO lens -Amiti Sen

India's MSP programme for pulses under WTO lens -Amiti Sen

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published Published on Mar 2, 2019   modified Modified on Mar 2, 2019
-The Hindu Business Line

Canada, US serve counter-notification to India

India’s minimum support price (MSP) programme for pulses has come under greater scrutiny at the World Trade Organization (WTO) with the US, Canada and Australia serving it a formal counter-notification, alleging that the subsidy involved was much higher than the permitted cap. The EU, New Zealand, Ukraine and Paraguay also joined the chorus against the country.

Defending itself at the agriculture committee meeting this week in Geneva, India said the calculations of MSP made by the US and Canada were incorrect and stressed that its price support programme for pulses was only to ensure nutrition supply for 195 million poor people.

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The Hindu Business Line, 1 March, 2019, https://www.thehindubusinessline.com/economy/agri-business/indias-msp-programme-for-pulses-under-wto-lens/article26411977.ece


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