India Loses WTO Dispute over Sugar Subsidies
On 14th December, 2021, a World Trade Organisation (WTO) panel ruled against India’s sugar export subsidy and domestic support to sugarcane growers in a dispute filed by Australia, Brazil and Guatemala. India has said that it will appeal against the verdict.
The Dispute
- The dispute dates back to 2019 when Brazil, Australia and Guatemala filed parallel WTO complaints that alleged the Indian government massively increased its sugar subsidies and reintroduced a minimum price for sugar, which led to increased production of sugar that outstripped domestic demand.
- They had also flagged India's alleged export subsidies, subsidies under the production assistance and ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Spices Board Unveils SPICED Scheme
- 2 10 Years of Make in India
- 3 Centre Notifies Galathea Bay as a Major Port
- 4 Differential Benefits of Electricity in Rural Areas
- 5 PM E-DRIVE Scheme: Accelerating India's Shift to Electric Mobility
- 6 Finance Minister Reviews Performance of RRBs of NE Region
- 7 Vertical Fiscal Imbalance
- 8 Review of the NBFC Sector
- 9 Centenary Celebration of ICAR- NISA
- 10 Centre Launches White Revolution 2.0
- 1 Centre Approves Implementation of PMKSY for 2021-26
- 2 Floating Rate Bond
- 3 Non-Convertible Debentures
- 4 SEBI Proposes Rules for Retail Algo Trading
- 5 RBI Introduces PCA Framework for NBFCs
- 6 Centre Bans Futures Trading in 7 Commodities
- 7 SEBI's new IPO Norms
- 8 GST Compensation
- 9 One Commodity One Exchange
- 10 CAG Report on Indian Railways
- 11 Centre Clears Ken-Betwa River Interlinking Project
