India uses peace clause fifth time, for rice subsidies given in 2022
New Delhi: India has, for the fifth time, invoked the peace clause for exceeding the 10% ceiling on support it offered its rice farmers. The country informed the World Trade Organization (WTO) that the value of its rice production in 2022-23 was $52.8 billion while it gave subsidies worth $6.39 billion, which comes out to … Read more
