News Analysis: WTO’s Trade Agreement and India

http://www.newsonair.com/writereaddata/broadcast/Daily-Spotlight-Bulletins-32914.mp3 WHAT IS IT?  – WTO when it was established in 1995, to facilitate global trade has put a cap on subsidies provided by host countries for number of products being produced, farm produce being one of the major one. -Accordingly a cap of 10% subsidy was put of total farm output for any country. …