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DAILY NEWS ANALYSIS
22 January, 2021
17 Min Read
Sachin Kumar Sharma is an Associate Professor at the Centre for WTO Studies, Indian Institute of Foreign Trade, Delhi. Adept Dobhal is a Research Fellow at the Centre for WTO Studies.
Estimates and elements
Let us look at the logic behind the OECD negative support to Indian farmers by assessing its components.
Substantive expenditure
What are the consequences of the OECD methodology?
This methodology assumes that in case there is no government intervention in the agriculture market, then the domestic and international price of a product will converge, resulting in no gap in prices.
Why the gap between international and domestic prices?
Question the methodology
Source: TH
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