Aggregate Measurement of Support
On 8th May, 2024, the United States (US) and Australia accused India of providing excessive subsidies to its sugarcane farmers, breaching global trade norms.
- It was alleged that between 2018-19 and 2021-22, India's subsidies ranged from 91-100 per cent, far surpassing the permissible 10 per cent limit set for developing countries under WTO regulations.
- These subsidies, categorized as Aggregate Measurement of Support (AMS), have drawn scrutiny from the international community.
What is Aggregate Measurement of Support (AMS)?
- World Trade Organization’s (WTO) Agreement on Agriculture (AoA) classifies domestic support or subsidies given by the government to farmers into different categories.
- An important ....
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