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LATEST NEWS UPDATES | WTO review backs Centre move to cut farm subsidies

WTO review backs Centre move to cut farm subsidies

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published Published on Jan 11, 2021   modified Modified on Jan 12, 2021

-The Tribune

Review skeptical about programmes such as ‘Make-in-India’ and ‘Self-Reliant India’

New Delhi: The World Trade Organisation’s review of India’s trade policies has expressed concern about the high level of government intervention in the agriculture sector.

Members recognised the importance of the sector in supporting livelihoods and food security.

At the same time, they urged India to reform its agricultural policies as they continue to be based on “significant levels” of domestic and export support for key crops, including through subsidies for certain crops such as sugar, and to inputs, said a summary report at the end of the review that has taken place after five years.

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The Tribune, 11 January, 2021, https://www.tribuneindia.com/news/nation/wto-review-backs-centre-move-to-cut-farm-subsidies-197012?fbclid=IwAR1y-JYTcwF7t1jlyWPGKkNxeENWs9USRunINMFqP11bSrhWjBaD-rBl3CY


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