The WTO ruling against India’s export subsidies is an opportunity for the government to shift its policies, but who would want to do that?
The adverse ruling by the World Trade Organisation against India’s sugar export subsidies should have been used as a trigger for pushing the much needed cane pricing reforms. It is no secret that populist input (cane) pricing, often with no connection to output (sugar) pricing, has kept the country’s sugar industry financially stressed for too
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