Five countries led by US estimate that India provides support to its rice and wheat farmers ‘vastly in excess’ of what it reports to WTO. India has refuted all allegations.
In 2019, EU accused India of violating trade agreements. On its part, India, which took 3 yrs to notice an error in its tariff schedule, argued that its commitments were invalid.
A bad turn in Venezuela would raise the same questions that have dogged the unlawful US strikes against alleged drug boats in the Caribbean: Why now, and why at all?
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
India is lying at the WTO. The US report is true and fact based. There is no.point in denying it.
The massive support lent to farmers for rice and wheat is a fact. The whole MSP issue, a very sensitive one in Punjab and parts of Haryana and UP, is at the core of this.
India pays thousands of crores to farmers to procure rice and wheat at artificially hiked rates (MSP) which results is a gross distortion of the global grain markets.
The farm laws would have put an end to this. Hence, farmers from Punjab (the primary beneficiaries of the MSP scheme) protested which finally resulted in the withdrawal of the laws.
India is lying at the WTO. The US report is true and fact based. There is no.point in denying it.
The massive support lent to farmers for rice and wheat is a fact. The whole MSP issue, a very sensitive one in Punjab and parts of Haryana and UP, is at the core of this.
India pays thousands of crores to farmers to procure rice and wheat at artificially hiked rates (MSP) which results is a gross distortion of the global grain markets.
The farm laws would have put an end to this. Hence, farmers from Punjab (the primary beneficiaries of the MSP scheme) protested which finally resulted in the withdrawal of the laws.