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A recent India-China collaborative study on farm subsidies highlights how the rules in the WTO’s ‘Agreement on Agriculture’ have been rigged to suit the developed countries.
What is ‘Agreement on Agriculture’(AoA)?
What are the contours of ‘Domestic Production Enhancement’ subsidies?
Has the AoA allowed the developed world to give out more subsidies?
How are the clauses in AoA rigged?
What is the way ahead?
Source: Businessline