Massive farm-support plans in India and the United States are being scrutinised by other World Trade Organization members. The European Union asked India to explain how Modi proposed to spend Rs 25 lakh crore ($357.5 billion) on agriculture and rural development, doubling farmers’ incomes by 2022. The US queried India’s 5% export subsidy for non-Basmati rice among others.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2ZwWsZm
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