date:Apr 02, 2014
While Indias sugar exports have been surging, several members of the World Trade Organisation (WTO) - including the European Union (EU), Australia, Brazil and Colombia - have demanded that the country remove the subsidies that were granted to Indian sugar exports in February 2014.
At a recent WTO meeting, the aforementioned nations asked India about the new policy that involves the payments of incentives to Indian sugar exporters. The incentive paid to them - Rs 3,300 per tonne - has helped Ind