Experts say removing export subsidies by 2023 is likely to worsen sugar sector crisis.
- India began its inter-ministerial consultations on the implications of the decisions taken at the last month’s WTO ministerial conference at Nairobi.
- The discussions revolved around the kind of support (subsidies) that will not be possible for the farm sector in years ahead and how India should respond to that.
- The outcomes of the WTO’s Nairobi meet include ministerial decisions on agriculture covering a SSM for developing countries (to counter import surges of farm items) and public stockholding.
- It also includes a commitment to abolish export subsidies for farm exports and measures related to cotton.