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Global Pact Needed On Lower Subsidies

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Our Bureau BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:46 AM IST

To overcome the agriculture crisis, there was urgent need for a global agreement on the need to lower subsidies, so that global surpluses declined, prices rose and trade expanded, said K M Sahni, additional secretary of the Union ministry of agriculture.

Speaking at a seminar on World Trade Organisation at the Bengal Chamber of Commerce & Industry (BCCI), Sahni said if and when the global agreement happens, India

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First Published: Apr 30 2003 | 12:00 AM IST

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