There is nothing wrong in India’s demand for, “permanent peace clause
until a final understanding on subsidy
is reached” because, India’s
concern about the financial
burden on the government and plight
of the poor if the present agreement is signed in it’s present form is genuine . More over, India’s badly designed grain procurement and
distribution programme is no reason to
agree to the use of an outdated benchmark price to calculate the nation’s food
subsidy. India can perfect
the procurement system in course of time .It is true that, it is a tough task to convince 160 member countries of WTO
about the amendments India wants in TFA , since it would involve drastic
changes in the WTO procedures and
parliamentary approvals in the WTO
nations . But , it is also true that
India’s insistence upon
change in the method of calculating the legally permissible subsidy. It cannot
be based on prices that prevailed in 1986-88. When India stand isolated in this matter , PM Modi can make use of his visit to USA to convince president Obama about the
compelling reasons for seeking
amendments in TFA .If he succeeds in that attempt, half the struggle
in convincing WTO members is won.
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