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LATEST NEWS UPDATES | Why the American Argument Against India's Food Subsidies Is Deceptive at Best -Biswajit Dhar

Why the American Argument Against India's Food Subsidies Is Deceptive at Best -Biswajit Dhar

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published Published on Jul 15, 2022   modified Modified on Jul 15, 2022

-TheWire.in

India is being targeted using a deeply flawed methodology that the WTO has prescribed for estimating subsidies arising from market price support.

On July 1, a dozen US Congressmen wrote a letter to President Joe Biden, asking him to hold India to account for its decades-long violation of commitments made to the World Trade Organisation (WTO).

Their contention was that India had been providing minimum support prices to its farmers in violation of WTO rules. By promoting its own interests, India has apparently been acting against the interests of US farmers and ranchers. The decision to send the letter was initiated and coordinated by Rick Crawford and Tracey Crawford – two Congressmen who have received campaign funding from US agribusinesses.

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TheWire.in, 15 July, 2022, https://thewire.in/agriculture/india-us-wto-minimum-support-price-food-subsidies


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