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New Delhi: Indian farm unions and opposition parties have called for protests against the new India-US trade framework, saying it risks hurting the farm sector by allowing more U.S. imports, although the government says key staples are protected.<\/p>\n
According to Kashmir Media Service, the agreement has become a political flashpoint, reviving memories of the 2020\u201321 farm law protests, when the government was forced to repeal three laws aimed at deregulating agricultural markets.<\/p>\n
The government has defended the pact, saying farmers’ interests are protected by excluding imports of grains such as rice, wheat, corn and dairy products, while growers of basmati rice, fruits, spices, coffee and tea would gain duty-free access to the U.S. market.<\/p>\n
Farm groups say the pact puts Indian farmers at a disadvantage. “We are worried about the India-U.S. trade deal, as it would hurt Indian farmers, who are far more vulnerable than their American counterparts,” said Rakesh Tikait, a farmers’ leader.<\/p>\n
He said US farmers have larger landholdings and receive higher subsidies, while Indian farmers also face crop losses from weak processing infrastructure and rising cultivation costs.<\/p>\n
The Samyukt Kisan Morcha (SKM), a coalition of more than 100 farm groups, has called for protests on February 12, saying the deal would allow imports of subsidised U.S. farm products that could depress domestic prices and hurt rural incomes.<\/p>\n
The interim India-US trade framework amounts to a complete surrender to U.S. agricultural multinationals, SKM said in a statement, urging the government not to sign the pact.<\/p>\n
“We will not allow the government to open up the Indian farm sector for American companies,” SKM secretary Purushottam Sharma said, adding that lower tariffs on crude soy oil, currently taxed at about 16.5 percent, would hurt domestic oilseed producers. KMS\u201420A<\/p>\n","protected":false},"excerpt":{"rendered":"
New Delhi: Indian farm unions and opposition parties have called for protests against the new India-US trade framework, saying it risks hurting the farm sector by allowing more U.S. imports, although the government says key staples are protected. According to Kashmir Media Service, the agreement has become a political flashpoint, reviving memories of the 2020\u201321 …<\/p>\n","protected":false},"author":3,"featured_media":194553,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-194552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t