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US' stand at WTO on India's MSP to farmers erroneous, says trade expert

The US accused Indian agricultural subsidies to be "vastly in excess", according to this June 2018 note from the International Centre For Trade and Sustainable Development

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Shreehari Paliath | IndiaSpend
The July 2018 announcement of minimum support prices (MSP)--or subsidies that the government pays the farmer--for the kharif (monsoon) crop may see a battle at the World Trade Organization (WTO) between India and the US for breaching WTO subsidy limits, which are not supposed to exceed 10%--compared to the 60% to 70% that India appears to be paying its farmers.
The US accused Indian agricultural subsidies to be “vastly in excess”, according to this June 2018 note from the International Centre For Trade and Sustainable Development, a

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First Published: Sep 30 2018 | 1:49 PM IST

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