Explainer-India-US trade pact and its impact on millions of Indian farmers

The India–U.S. joint statement suggested that New Delhi pushed back against Washington’s efforts to broadly open its agricultural market. However, India has agreed to lower trade barriers on some farm goods, drawing criticism from farmers and opposition parties. WHO GAINS FROM INDIA’S DECISION TO ALLOW IMPORTS OF DDGS AND SOYOIL, AND WHO LOSES OUT? India is expected to allow imports of protein-rich distillers dried grains with solubles (DDGS), a byproduct of ethanol made from corn and other grains, from the United States, adding to a surplus in the domestic market. Higher supplies of DDGS could benefit India’s nearly $30 billion poultry sector, where costs account for around 60-70% of total production expenses, by helping reduce expensive purchases. 🔗 Leggi su Internazionale.it

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