Five WTO members—the US, Argentina, Australia, Canada, and Ukraine—have flagged concerns over India’s agricultural subsidies, specifically its Market Price Support (MPS) for rice and wheat. They claim that India has underreported its support levels, with rice subsidies exceeding 87% of production value in 2021-23 and wheat support ranging from 67-75%....
India’s pulses production has increased steadily over the past few years, consequently ensuring a drop in imports. It is an opportune time to leverage this rise to aggressively tap the international market, as the domestic demand-supply gap narrows. India’s production of pulses has grown steadily over the past few years,...
Prof Jagdish Sheth takes a deep dive on the various models of contract farming that have evolved in the US over the past two centuries. If done right, he believes that it can help India exploit its untapped potential in food processing and value added exports. Also, it can enable...
Professor Binod Khadria, South Asia Chair Metropolis Asia, and Former Professor of Economics, Education and Migration at Jawaharlal Nehru University opines that organisations need to come up with innovative solutions to solve India’s employment problem. Consistency of quality in Indian products is not at par with international standards. The rate...
Professor S Irudaya Rajan believes that around 30 lakh Indians are likely to return to India by the end of the year in the light of the panic migration that ensued due to COVID-19. He opines that India may not have ample jobs in the future for the demographic dividend,...
Dr Harbir Singh and Dr Alka Singh, ICAR-Indian Agricultural Research Institute, New Delhi, discuss the emerging international scenario in agricultural trade, and how India can better utilise its strengths and policy support to develop agricultural supply chains and improve export earnings. Image credit: Hindustan Times The COVID-19 pandemic has exposed...
The Organisation for Economic Co-operation and Development (OECD) defines a free trade area as “a grouping of countries within which tariffs and non-tariff trade barriers between the members are generally abolished, but with no common trade policy toward non-members”. Tariffs and other trade restrictions between two or more countries is...
• India confronts eclectic challenges in becoming an attractive partner in agricultural investments. The biggest challenge is that the quantum of public investment itself leaves much to be desired. • Since the past eight years, India’s public agriculture investment is hovering around 5-6% to total public investment made. Corresponding figures...
Dr. Pralok Gupta, Associate Professor, Centre for WTO Studies, IIFT and an international trade expert, believes that the COVID-19 induced suspension of H-1B visa for the rest of the year is nothing but a covert strategy to mask the ‘America first’ rhetoric in terms of employment, given that elections in...
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