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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

Msp  |  Minimum Support Price  |  Us

Shreehari Paliath | IndiaSpend 

farmer, msp, agriculture
Representative image

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 and the for breaching subsidy limits, which are not supposed to exceed 10%--compared to the 60% to 70% that appears to be paying its farmers.

The 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 nonprofit organisation focussed on sustainable development through trade-related policymaking.



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First Published: Sun, September 30 2018. 13:49 IST