US EditionIndia Must Continue to Protect Farmers' Interest While Negotiating Trade Deal: SBI Report
Summary by The Economic Times
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India must continue to protect farmers' interest while negotiating trade deal: SBI report
India needs to safeguard its farmers during trade talks with the US. A US team will visit India for discussions. Concerns arise from the US farm economy. The US seeks lower tariffs on agricultural goods. India resists, prioritizing its farmers. Prime Minister Narendra Modi emphasizes protecting farmers' interests. The US has increased tariffs on Indian goods.
US tariff: India must continue to protect its farmers, SBI report
In the year 2015, India's total milk production stood close to 155.5 million tonnes (EU 154.6 MT and US 94.6 MT). By 2024, India’s share had swelled to 211.7 MT (growth of 36 per cent), while EU (including Britain) grew to 165.9 MT and the US 102.5 MT, according to the report
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