ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Agricultural SubsidySubscribe to Agricultural Subsidy

WTO and Viability of Indian Agriculture

The experience of the 1990s clearly demonstrates that far from trade liberalisation dampening the performance of agriculture, the lack of public investment and effort has been responsible for failure to benefit from trade liberalisation by stepping up and diversifying agricultural output in a cost-effective way.

Subsidies and Support in Agriculture

The WTO agricultural package on domestic support and export subsidies provides for complex classification of support and subsidies for agriculture, some of which are totally exempt from reduction commitments. This classification favours developed countries, which are able to maintain a high level of support for agriculture. Developing countries should press for combining all forms of support for agriculture and seek reduction in total support in order to attain a level playing field.

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