• About
  • Advertise
  • Privacy & Policy
  • Contact
Hindustan Chronicles
  • Home
  • News
  • Editor Spotlight
  • Brand Post
No Result
View All Result
  • Home
  • News
  • Editor Spotlight
  • Brand Post
No Result
View All Result
Hindustan Chronicles
No Result
View All Result
  • Home
  • News
  • Editor Spotlight
  • Brand Post
Home Editor Spotlight

India Justifies Export Ban on Wheat and Rice at WTO

Editor by Editor
September 23, 2022
in Editor Spotlight, Reviews
0
4.4k
SHARES
6.3k
VIEWS
Share on FacebookShare on Twitter

Several WTO members have said that they are worried about India’s position, but an official said that the country has stuck to its decision not to let wheat and rice leave the country.
During a conference last week in Geneva, Senegal, the US and the European Union questioned this choice and said it would hurt international markets.
India prohibited wheat exports in May to increase domestic supply. It also stopped the export of broken rice this month and put a 20% export tax on all rice other than Basmati rice that wasn’t parboiled. This was done to make up for the fact that the amount of land planted with paddy has gone down during the current kharif season.
India said that the ban on exporting broken rice, which is used to feed chickens, was because the number of exports of the grain had recently gone up, which put pressure on the domestic market.
Concerns over food security prompted export restrictions for wheat.
The official said, “India has also made it clear that the measures are temporary and will be looked at again in the future.”
The official went on to say, “Senegal, which buys a lot of broken rice and other rice products from India, asked India to keep trading in these hard times so that there would be enough food.”
The US, Australia, Canada, Brazil, New Zealand, Paraguay, Thailand, Australia, Uruguay, the US, Australia, Canada, Brazil, and Japan requested talks with India regarding the use of the peace clause to protect its food programmes from action resulting from trade disputes at the summit.
India used the peace clause a third time in April after going over the 10% cap on the assistance it provides to rice farmers. It told the World Trade Organization that it had used the WTO’s “peace clause” to give rice farmers extra support measures for the marketing years 2020–21. This was done to meet the food security needs of its poor people.
The peace clause prohibits WTO members from bringing a case against poor nations that violate the agreed-upon subsidy ceiling before the WTO’s dispute settlement body. Subsidies that go beyond the allowed ceiling are viewed as distorting trade. For developing nations like India, the cap is set at 10% of the value of food output.
India has made a solid case for resolving the problem permanently, but so far, nothing has changed.

Tags: AustraliaCanadaWTO
Previous Post

2nd T-20 India vs. Australia: Expected Playing XI: Will Jasprit Bumrah Return?

Next Post

Launched with 50MP triple cameras, the Lava Blaze Pro is priced at Rs. 10,499 in India

Editor

Editor

Next Post

Launched with 50MP triple cameras, the Lava Blaze Pro is priced at Rs. 10,499 in India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

  • Trending
  • Comments
  • Latest
Alexandra Daddario Birthday: Swimwear Pictures of the ‘Baywatch’ Beauty that Will Make You Sweat

Alexandra Daddario Birthday: Swimwear Pictures of the ‘Baywatch’ Beauty that Will Make You Sweat

March 16, 2022
Navneet Kaur brought a change to the interiors of Indian homes.

Navneet Kaur brought a change to the interiors of Indian homes.

March 31, 2022
Dr. Jatin Chonkar – Mumbai based Entrepreneur achieves Honorary Doctorate Award.

Dr. Jatin Chonkar – Mumbai based Entrepreneur achieves Honorary Doctorate Award.

March 25, 2022
Happy Ramadan 2022 Wishes And Messages: Ramzan Kareem Greetings, Quotes, HD Images, WhatsApp DP And Facebook Status Messages to Share on First Roza

Happy Ramadan 2022 Wishes And Messages: Ramzan Kareem Greetings, Quotes, HD Images, WhatsApp DP And Facebook Status Messages to Share on First Roza

March 31, 2022
Why Goa is awash with extra homegrown gins than ever

Why Goa is awash with extra homegrown gins than ever

0

Rakhi Sawant’s tone modified as quickly as she was out of the home, said- ‘Bigg Boss I’ve some tissue paper…

0
Absolute Sugarcane whips up unique concoctions with elaneer vettiver, ice apples and extra

Absolute Sugarcane whips up unique concoctions with elaneer vettiver, ice apples and extra

0

Neha Sharma crossed all limits of bo*ldness, confirmed bi*ki*ni by opening shirt buttons, pictures created a ruckus

0
Mayukh’s ” Sesher kobita ” Music video got awarded at Tagore International Film Festival ( IMDb qualifier)

Mayukh’s ” Sesher kobita ” Music video got awarded at Tagore International Film Festival ( IMDb qualifier)

January 19, 2023
The accidental writer – Shruti Kadu

The accidental writer – Shruti Kadu

January 17, 2023
Novina M won two awards in the Glorious India Award , 2022 for Best Author in self help category & Book with the most beautiful content in self help category

Novina M won two awards in the Glorious India Award , 2022 for Best Author in self help category & Book with the most beautiful content in self help category

January 13, 2023
NEW BOOK ‘BROKEN ANVILS’ GIVES AN INSIGHTS INTO THE INS AND OUTS OF THE SHIPBREAKING INDUSTRY WITH AN EMOTIONAL TOUCH

NEW BOOK ‘BROKEN ANVILS’ GIVES AN INSIGHTS INTO THE INS AND OUTS OF THE SHIPBREAKING INDUSTRY WITH AN EMOTIONAL TOUCH

January 13, 2023

Recent News

Mayukh’s ” Sesher kobita ” Music video got awarded at Tagore International Film Festival ( IMDb qualifier)

Mayukh’s ” Sesher kobita ” Music video got awarded at Tagore International Film Festival ( IMDb qualifier)

January 19, 2023
6.3k
The accidental writer – Shruti Kadu

The accidental writer – Shruti Kadu

January 17, 2023
6.3k
Novina M won two awards in the Glorious India Award , 2022 for Best Author in self help category & Book with the most beautiful content in self help category

Novina M won two awards in the Glorious India Award , 2022 for Best Author in self help category & Book with the most beautiful content in self help category

January 13, 2023
6.3k
NEW BOOK ‘BROKEN ANVILS’ GIVES AN INSIGHTS INTO THE INS AND OUTS OF THE SHIPBREAKING INDUSTRY WITH AN EMOTIONAL TOUCH

NEW BOOK ‘BROKEN ANVILS’ GIVES AN INSIGHTS INTO THE INS AND OUTS OF THE SHIPBREAKING INDUSTRY WITH AN EMOTIONAL TOUCH

January 13, 2023
6.3k
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 Hindustan Chronicles - All Rights Reserved

No Result
View All Result
  • Education
  • Entertainment
  • Lifestyle
  • News
  • Press Release
  • Reviews
  • Sports
  • Tech
  • Trending
  • Guest Post
  • About

© 2022 Hindustan Chronicles - All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version