WTO Questions India’s Plan to Revive Farm Sector

The Deliberation, 2019

5 Pages Posted: 19 Aug 2019

See all articles by Rajeev Kumar Upadhyay

Rajeev Kumar Upadhyay

Sri Aurobindo College (Evening), Delhi University

Date Written: June 19, 2019

Abstract

The farm support plans announced by India and the United States have created a lot of noise, mainly among the developed nations with surplus agriculture produces. These are under the scrutiny by the World Trade Organization members in WTO’s quarterly agriculture committee meeting on June 25-26. Specifically the European Union and Australia has asked India to explain the Modi’s proposal to spend Rs 25 lakh crore on agriculture and rural development and doubling farmers’ incomes by 2022 as part of Rs 100 lakh crore, five-year infrastructure development plan. Even the US is out asking questions about India’s 5% export subsidy for non-Basmati rice as well as increasing purchase of wheat at higher minimum support prices by the Indian Government even when India has record wheat stockpile.

Keywords: WTO, Agriculture, Globalization

Suggested Citation

Upadhyay, Rajeev Kumar, WTO Questions India’s Plan to Revive Farm Sector (June 19, 2019). The Deliberation, 2019, Available at SSRN: https://ssrn.com/abstract=3437464 or http://dx.doi.org/10.2139/ssrn.3437464

Rajeev Kumar Upadhyay (Contact Author)

Sri Aurobindo College (Evening), Delhi University ( email )

South Campus
Delhi
India

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