-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...
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As midterms approach, Republicans step up rhetoric on India’s trade practices -Prashant Jha
-Hindustan Times India has consistently maintained that this position is based on both an erroneous reading of the nature and intent of India’s price support mechanisms and underplays the scale of America’s support to farmers. Washington: As elections for the House of Representatives loom, a group of Republican Congressional representatives from America’s agricultural belt or with agricultural interests have stepped up the rhetoric against India’s agricultural subsidies — alleging that these distort...
More »Is the ban on wheat exports good policy? -Vikas Dhoot
-The Hindu It is ad hoc, hurts farmers’ incomes, and may not impact inflation much Over the last month, the government has banned the export of wheat and imposed quantitative restrictions on outbound sugar shipments. The wheat export ban came within days of a push to enhance India’s wheat supplies to the rest of the world after Russia’s invasion of Ukraine. This is a time of persistently high inflation, spurred by rising...
More »Feeding the world vs farmer suicides: The dichotomy of India’s farming sector -Harmeet Shah Singh
-IndiaToday.in India is the second-biggest producer of the two staples, with more than 85 million tonnes in stocks, including 21 million tonnes in strategic reserves and the Public Distribution System, which fed about 800 million poverty-stricken people during the pandemic. When the world’s two food baskets, Russia and Ukraine, are at war, India has pitched in to feed the planet. “I had a discussion with the US President and I suggested that if...
More »Reforms should make farming sustainable -Devinder Sharma
-The Tribune In India, there is a concerted campaign to discredit the arhtiya, building the case for bringing in agri-business companies. There is certainly a need to regulate the middlemen, but the American experience shows how the consolidation of the meat industry, leading to market concentration in the hands of a few companies, is making it difficult for livestock farmers to survive. WHILE Indian policy makers and economists haven’t drawn any lessons...
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