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Five WTO nations allege India provides excessive market support to wheat, rice

By Economic Times - 3 days ago
Five WTO members have accused India of exceeding market support for wheat and rice, potentially distorting global trade. They claim India's support for rice production exceeded 87% of its value in recent years. India defends its actions, stating its commitment to supporting its farmers and ensuring food security, invoking the WTO's Peace Clause as justification for exceeding subsidy limits.

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