Sunday, January 7, 2018

2) Why should developing countries persist for a permanent solution to the problem of whether to allow public stockholding of food stocks for food security purposes in the World Trade Organization? Also discuss the current provisions on public stockholding and their limitations. (250 Words)

Permanent solution will solve the following problems for the developig countries:
1. Coutries like India will not be penalised for trangressing the subsidy regime for public tockholding of food stocks. India is a developign country and it needs to feed people via marketable surplus of agriculture. For this government need to give subsidy for procuring food grains at low cost.

At present, the developing countries can't give subisidies for the food grain production beyond 10% of the global value chain. This seriously restrict the government capability to go for full subsidy regime in order to procure food grains at a low cost.


No comments:

Post a Comment

Failure in eyes of society

I am no Kierkegaard or Nietsche or even Socrates, who is here to comment on the failure and success. I am also not here to give you mantras ...