Cabinet nod for sugar export subsidy

Cabinet Committee on Economic Affairs(CCEA) has approved sugar export subsidy for 2019-20. This move is aimed at countering the surplus sugar stock’s impact on prices.The lower sugar prices would make it difficult for mills to pay farmers dues. The subsidy will be provided for expenses on marketing costs including handling, upgrading , international and internal… Continue reading Cabinet nod for sugar export subsidy

WTO to rule on India sugar export subsidies

The World Trade Organization(WTO) has set up panels to rule on complaints by Australia,Brazil and Guatemala against India’s export subsidies for sugar and sugarcane producers. The three countries have claimed that India provides trade-distorting production subsidies including soft loans and subsidies to maintain stocks of sugar and tax rebates. Australia has held India responsible for… Continue reading WTO to rule on India sugar export subsidies

Brazil seeks WTO to set up dispute panel in case against India on sugar subsidy

Brazil,Australia and Guatemala’s has requested World Trade Organization (WTO) to set up a Dispute settlement panel(DSB) against India’s sugar subsidies. The countries have said that most subsidies to sugar producers in India violate WTO rules.Several subsidies such as the State-level export subsidies for sugar,Central assistance and export incentives were inconsistent with the WTO rules. The… Continue reading Brazil seeks WTO to set up dispute panel in case against India on sugar subsidy