WTO and Agriculture Subsidies (Explained) | Agreement on Agriculture | UPSC Prelims & Mains 2022-23

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Prepare for your upcoming UPSC Exam with BYJU'S knowledge series. A key topic - WTO and Agriculture Subsidies is explained in this session. This topic on Agreement on Agriculture is crucial for UPSC Prelims & Mains 2022-2023.
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In this session, you will learn more about:
1. WTO and Agriculture (00:00)
2. WTO and Subsidies (2:13)
3. Domestic Support (11:40)
4. India’s opposition (20:16)
Some other key topics related to the concept that are discussed in this session are agricultural subsidies, agreement on agriculture, agricultural subsidies in India, government subsidies for agriculture, farm subsidies, Agri machinery subsidy, and important questions on agricultural subsidies for UPSC.
The Agreement on Agriculture (AoA) is a WTO treaty that was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) and formally ratified in 1994 at Marrakesh, Morocco. The AoA came into effect in 1995.
India's opposition:
- Does not agree with the calculation methodology.
- The population involved in agriculture in developing countries is much higher.
- It's a livelihood issue for the poor farmers (especially marginal farmers).
- India's population is very high; hence there is a need for food security.
- Western economies provide much larger per farmer support compared to India.
Knowing this topic in detail would help aspirants score high in their upcoming exams.
Some important questions from previous year's papers are also discussed in the session. Attending online sessions helps in revising important topics and concepts from the UPSC syllabus, and aspirants are aware of any minor changes in the exam pattern or questions.
Why wait anymore? Start your preparation with us today. Stay tuned to learn more about similar important IAS topics only on BYJU'S Exam Prep IAS. Don't forget to like, share, and subscribe to our channel.
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Gear up for your upcoming IAS exam and start your preparation with BYJU'S knowledge series. Stay tuned to learn more about similar important IAS topics only on BYJU'S Exam Prep IAS. Don't forget to like, share, and subscribe to our channel.
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Crystal clear..... Thank you.

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Thank u so much sir for such clear explanation ❤

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[@2lalate]

Very helpful. Thank you sir!

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Thank you 💗

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How much of particular amount given by the govt force the subsidy in percentage.

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Probably 10%

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