Profit for some

29 Jan 2019

In India, income support is advocated by some on the premise that it will reduce corruption. Others believe that subsidise and MSP cause market distortion. Income support initiatives would bring huge pressure on government finances since they would have to be raised with time. Such a policy will make landowners richer and the rural poor poorer, resulting in a decline in agriculture which, in turn, will make India a food importer, once again.

Tags
Agricultural trade
WTO
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