No steps taken in India-US trade deal that harm farmers: Goyal
The India-US trade deal has been a topic of discussion in recent times, with many speculating about its impact on the country’s farmers. However, Commerce Minister Piyush Goyal has come out to allay these concerns, stating that India has taken no measures that harm the interests of the country’s farmers in the trade deal with the US. In fact, he revealed that many agricultural products from Indian farmers will be exported to the US at zero duty, which is a significant benefit for the farming community.
Goyal’s statement comes as a relief to the farming sector, which has been facing numerous challenges in recent times. The Indian government has been working tirelessly to boost the country’s agricultural exports, and the trade deal with the US is expected to play a significant role in this endeavor. By allowing Indian farmers to export their products to the US at zero duty, the government is providing them with a huge opportunity to expand their market and increase their earnings.
The Commerce Minister also took a swipe at some people in India who are opposing the trade deal, stating that they are “against the interests of the farmers.” He expressed surprise at their reaction, given the benefits that the deal offers to the farming community. It is clear that Goyal is confident about the positive impact of the trade deal on Indian farmers and is keen to reassure them that their interests have been protected.
The India-US trade deal is a significant development in the country’s economic landscape, and its impact will be felt across various sectors. The deal is expected to increase trade between the two countries, creating new opportunities for businesses and industries. However, the government has been careful to ensure that the interests of vulnerable sectors, such as agriculture, are protected.
The decision to allow Indian farmers to export their products to the US at zero duty is a testament to the government’s commitment to supporting the farming community. This move is expected to boost India’s agricultural exports, which have been stagnant in recent times. The US is a significant market for Indian agricultural products, and the zero-duty export regime will make Indian products more competitive in the US market.
Goyal’s statement has been welcomed by farmers’ organizations and industry bodies, which have been advocating for greater support for the farming sector. The government’s decision to protect the interests of farmers in the trade deal is seen as a positive step, and it is expected to reassure farmers who were apprehensive about the impact of the deal on their livelihoods.
The India-US trade deal is a complex agreement that involves various sectors and interests. While there may be some concerns about the impact of the deal on certain sectors, the government has been careful to ensure that the interests of all stakeholders are protected. The decision to allow Indian farmers to export their products to the US at zero duty is a significant benefit for the farming community, and it is expected to have a positive impact on the country’s agricultural exports.
In conclusion, the India-US trade deal is a significant development in the country’s economic landscape, and its impact will be felt across various sectors. The government has been careful to ensure that the interests of vulnerable sectors, such as agriculture, are protected, and the decision to allow Indian farmers to export their products to the US at zero duty is a testament to this commitment. As the country moves forward with the trade deal, it is essential to continue supporting the farming sector and ensuring that their interests are protected.
The Indian government has been working tirelessly to boost the country’s agricultural exports, and the trade deal with the US is expected to play a significant role in this endeavor. With the zero-duty export regime in place, Indian farmers will have greater access to the US market, and they will be able to compete with other countries on a level playing field. This is a significant opportunity for Indian farmers, and it is expected to have a positive impact on the country’s agricultural sector.
As the trade deal moves forward, it is essential to continue monitoring its impact on the farming sector and other vulnerable sectors. The government must ensure that the interests of all stakeholders are protected, and that the benefits of the trade deal are shared equitably. With the right policies and support in place, the India-US trade deal has the potential to boost the country’s agricultural exports and support the livelihoods of Indian farmers.
News Source: https://x.com/ANI/status/2020058239543701827
About the Author
