What is the most crucial message conveyed in the passage?
India, a member of the WTO, is but of course bound by its agreements and conventions. Article 6 of the Agreement on Agriculture, dealing with the provision of the Minimum Support Prices (MSPs) for the agricultural products, is considered to be trade distorting. It is also subjected to various limitations, one of them being the fact that the subsidy arising from ‘minimal supports’ cannot exceed 10 per cent of the value of agricultural production for developing countries. The PDS system in India adheres to the provision of the MSPs and is also involved in the stockholding of the food grains. It is contemplated that in the coming years the subsidy given to the producers will exceed 10 percent of the value of agricultural production.
What is the most crucial message conveyed in the passage?
5Q:
What is the most crucial message conveyed in the passage?
India, a member of the WTO, is but of course bound by its agreements and conventions. Article 6 of the Agreement on Agriculture, dealing with the provision of the Minimum Support Prices (MSPs) for the agricultural products, is considered to be trade distorting. It is also subjected to various limitations, one of them being the fact that the subsidy arising from ‘minimal supports’ cannot exceed 10 per cent of the value of agricultural production for developing countries. The PDS system in India adheres to the provision of the MSPs and is also involved in the stockholding of the food grains. It is contemplated that in the coming years the subsidy given to the producers will exceed 10 percent of the value of agricultural production.
What is the most crucial message conveyed in the passage?
- 1India should revise its PDS.false
- 2India should not be a member of WTO.false
- 3For India, food security collides with trade.true
- 4India provides food security to its poor.false
- 5None of the above.false
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