ISSUE NINE: India and the Global Farm Trade

Welcome to the monthly newsletter for journalists about the impact of subsidies, produced in partnership by IPS - Inter Press Service and GSI - Global Subsidies Initiative.

THIS MONTH'S FOCUS:
INDIA AND THE GLOBAL FARM TRADE
Agriculture is a crucial sector for India. A reduction in wealthy country subsidies is widely expected to be a boon for its farmers and the economy. Yet research suggests that India is not well positioned to benefit from improved world market conditions.
ABOUT THIS NEWSLETTER

Subsidies —transfers of public money to private interests— are so common that for the most part they go unnoticed; they can also be arcane and complex, posing tremendous challenges for journalists. Yet, many experts believe that subsidies are one of the most critical factors in determining the sustainability of a government’s economic, social and environmental policies. Read more here about the organisations that have partnered to bring you this newsletter, and why.

 

Why India Needs More Than OECD Subsidy Reform
By Surabhi Mittal
Wealthy countries support their farmers through a host of different measures, such as direct payments, price incentives and export subsidies, which artificially reduce world prices below the cost of production and inhibit the ability of farmers in poorer countries to compete in the world market. …
 
More information about subsidies
The Global Subsidies Initiative cooperates with an international network of researchers working on subsidy related issues. Journalists working on stories that involve subsidies, and who are in search of expertise, information and support are invited to contact Javed Ahmad, the GSI's Director of Communications, at info@globalsubsidies.org.

Surabhi Mittal - Bio

Surabhi Mittal is an agricultural expert and senior fellow of the Indian Council for Research on International Economic Relations. The essay is based on her final report for the project ‘Effects of Global Agricultural Trade Liberalisation on Agricultural Production and Poverty in India’ in 2007. Under the Global Research Project ‘Impact of Rich Countries Policies on Poverty: Perspectives from the Developing World’ and sponsored by Global Development Network.

SUBSIDIES STORIES FROM IPS - RECENT ARTICLES

CLIMATE CHANGE: Biofuels Worse Than Fossil Fuels, Studies Find
By Stephen Leahy
BROOKLIN, Canada, Feb 8 (IPS) - Biofuels are making climate change worse, not better, according to two new studies which found that total greenhouse gas emissions from biofuels are far higher than those from burning gasoline because biofuel production is pushing up food prices and resulting in deforestation and loss of grasslands.


ENVIRONMENT: Record Financing For Biofuels, Not Food
By Stephen Leahy
BROOKLIN, Canada, Feb 4 (IPS) - Biofuels have quickly turned from environmental saviour to just another mega-scale get-rich quick scheme. Countries and regions without their own oil reserves to tap now see their farms, peatlands and forests as potential "oil fields" -- shallow but renewable lakes of green oil.
EL SALVADOR: Benefits of Free Trade Deal Still Remote
By Raúl Gutiérrez
SAN SALVADOR, Jan 31 (IPS) - The Salvadoran government had proclaimed that from the moment of its entry into force, the free trade agreement with the United States would boost the local economy, creating thousands of jobs, so that even street vendors would be exporting their typical snacks. But nearly two years later, the economic paradise has yet to arrive.


RELATED WEB SITES
Subsidies – Who really benefits?
http://ipsnews.net/new_focus/subsidies/index.asp
Subsidy Watch Archive
http://www.globalsubsidies.org/rubrique.php3?id_rubrique=33

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