Although no agreement has been reached on public storage and agricultural subsidies, India has already begun to reduce subsidies. On 13 July 2017, when india presented its grant account to the WTO, it was pleased to announce that it had not exceeded the limit of agricultural subsidies. The subsidy for fertilizers, irrigation and electricity, which stood at $29.1 billion in 2011, was reduced to $22.8 billion in 2014. In addition, undistorted subsidies from the market (called green box subsidies in the WTO) have also been sharply reduced, from $24.5 billion in 2011 to $18.3 billion in 2014. It should be noted that all of these issues are exclusively within the framework of our own initiatives and decisions. WTO meetings on the agricultural agreement should take into account all the other important issues common to many other developing countries in the same socio-economic belt and analyze their impact on Indian agriculture from India`s perspective. We must also realize that sitting at the negotiating table, without examining and assessing the possible effects of forced settlements as part of the mandated reform process, will seriously affect not only our agricultural production and distribution, but also the fundamental viability of the country`s agricultural economy: the policies discussed focus on the three pillars of agricultural trade: market access, domestic support and export competition. In addition to discussions on COVID-19 agricultural measures as part of the new agenda item of the COVID-19 Committee and Agriculture, several questions were asked by members as part of the review process. The full list of questions posed by members is included in G/AG/W/207.
Responding to the European Union`s concerns about the recent EU-US agreement on tariff reductions, she said she saw “this initiative as a first step towards de-escalating bilateral trade tensions and support for the settlement of ongoing disputes. This agreement does not apply to any agricultural products” (i.e. no product falls under the HS code in Schedule 1 of the Agriculture Convention). The United States agreed with the EU`s view and reaffirmed that “tariff reductions related to this agreement will be extended on the basis of the most favoured nations.” The most radical proposal is for the WTO to relax the rules of national support. Since there are many ways to dissect the cat, one method would be to grant a waiver to WTO disciplines in some cases, for example. B, when food is purchased by low-income or low-resource producers. This was a proposal from the G33 countries in 2012, but it did not find any traction. The G33 is a coalition of developing countries that are particularly concerned about agriculture. Despite its name, the group currently has 47 members. For example, in 2015, in the United States, 31,80,000 people worked in agriculture. The U.S. government gave them a $25 billion grant.
This corresponds to an average of 51 million ru. (US$7,860). On the contrary, in 2014, the Indian government granted an average grant of 27,100 billion euros ($417) to 9.05 crore producers. These include grants for research, pest control, training, consulting, marketing, infrastructure, public procurement, irrigation, fertilizers and electricity. Discussions among members on their agricultural policies have intensified, particularly since the beginning of the COVID 19 pandemic. Recalling the record number of questions (520) raised by members in 2020 on the implementation of their respective commitments, the Chair said: “This commitment reflects the value that members bring to the review function of the WTO Agriculture Committee.” WTO members are trying to reach agreement on limiting agricultural subsidies at the next ministerial conference in Kazakhstan in June, but a recent opinion by the representative of India made it clear that the country would not give up its flexibility to not cap its agricultural subsidies.