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An opinion piece argues that the election promises of India's BJP and Congress on income support and institutions are largely compliant with WTO rules. It says the US is challenging India's developing-country status and its use of import protection.
Limits on Indian import protection and support programs could change future trade flows and farm policy. The article offers no immediate price signal for agricultural commodities.
thehindubusinessline.comBiswajit DharApr 24, 2019After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), and +0.1% over 20.
After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
