domestic support

India offered sugarcane sop vastly in excess of WTO limits: US and Australia

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India offered sugarcane sop vastly in excess of WTO limits: US and Australia

New Delhi: US and Australia alleged India of giving subsidies to sugarcane farmers far exceeding limits set in global trade norms.The two countries told the WTO that they estimated that over the period 2018-19 to 2021-22, New Delhi provided sugarcane subsidy between 91-100%, which was “vastly in excess of the limits set out” at 10% … Read more

India favours ‘support-per-farmer’ rule at WTO farm subsidy negotiations

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India has countered a proposal by the US, EU, Australia and others that seeks to reduce the farm subsidies given by countries with higher potential to distort global markets. On this “proportionality principle”, it said the new negotiations on domestic support must be based on a “support per farmer” basis and not be defined in … Read more