The Far-Reaching Ramifications of WTO’s Ruling Against India’s Sugar Subsidies
After they forced the government to repeal the three controversial farm laws, and thus to ensure the continuation of the minimum price support mechanism, India’s farmers face yet another challenge, this time from World Trade Organization (WTO). On 14th December, a WTO dispute settlement panel concluded in its report that India was violating its commitments under the Agreement on Agriculture (AoA) by granting price support to sugarcane producers and export subsidies to sugar during the period 2014/15 to 2018/19.
This is the first time that the government’s policies to support…