# India hits back in WTO over claims it aids its farmers more than permitted

> India rejected claims by the US-led group, including Argentina, Australia, Canada and Ukraine, that its rice and wheat market price support far exceeds WTO-reported levels. The claims were raised at a WTO Committee on Agriculture meeting held 26-27 November, where members also questioned India's rice export bans and its failure to notify them.

- Date: 2024-12-04 · published 2024-12-04T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/26926-india-hits-back-in-wto-over-claims-it-aids-its-farmers-more-than-permitted
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The dispute could pressure India's domestic support policies, but any change is a long way off and is unlikely to move grain prices in the near term.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-10-13 | [India to permit export of broken rice backed by letters of credit issued before sudden ban](https://feedsoft.ai/events/39076-india-to-permit-export-of-broken-rice-backed-by-letters-of-credit-issued-before.md) | -1.9% | +5.0% |
| RICE | 2019-06-18 | [How Will PM Modi Double Farmers’ Income? EU Questions India at WTO](https://feedsoft.ai/events/58560-how-will-pm-modi-double-farmers-income-eu-questions-india-at-wto.md) | -3.7% | +1.5% |
| RICE | 2022-09-22 | [India defends its decision to ban rice, wheat exports at WTO - The Hindu](https://feedsoft.ai/events/39558-india-defends-its-decision-to-ban-rice-wheat-exports-at-wto-the-hindu.md) | -1.5% | -6.5% |
| RICE | 2021-09-05 | [Fertiliser shortage hits paddy farmers in Andhra Pradesh - The Hindu](https://feedsoft.ai/events/45374-fertiliser-shortage-hits-paddy-farmers-in-andhra-pradesh-the-hindu.md) | +2.0% | +3.6% |
| RICE | 2023-09-28 | [Export ban on rice is regulation rather than restriction for food security: India to WTO's agriculture committee meet - The Hindu](https://feedsoft.ai/events/34051-export-ban-on-rice-is-regulation-rather-than-restriction-for-food-security.md) | -3.3% | -0.3% |
| WHEAT | 2019-11-08 | [Perdue: More trade aid for farmers on the way - POLITICO](https://feedsoft.ai/events/56047-perdue-more-trade-aid-for-farmers-on-the-way-politico.md) | +3.0% | +7.4% |
| WHEAT | 2019-06-18 | [How Will PM Modi Double Farmers’ Income? EU Questions India at WTO](https://feedsoft.ai/events/58560-how-will-pm-modi-double-farmers-income-eu-questions-india-at-wto.md) | +7.1% | -3.2% |
| WHEAT | 2022-09-22 | [India defends its decision to ban rice, wheat exports at WTO - The Hindu](https://feedsoft.ai/events/39558-india-defends-its-decision-to-ban-rice-wheat-exports-at-wto-the-hindu.md) | -0.2% | -10.7% |

## Sources

- theprint.in: https://theprint.in/economy/india-hits-back-in-wto-over-allegations-that-it-supports-domestic-farmers-more-than-permitted/2385997/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.