India-US Trade Agreement Ensures Farmer Protection, Says Commerce Minister
Commerce and Industry Minister Piyush Goyal has announced that the recent trade deal between India and the United States includes robust safeguards for Indian farmers. The agreement, part of the broader Kisan Surakshit Bharat Viksit initiative, aims to protect agricultural interests while promoting economic growth.
Key Provisions for Agricultural Sector
Goyal emphasized that the deal addresses critical concerns related to market access and pricing. It ensures that Indian farmers are not adversely affected by international trade dynamics, with measures to prevent dumping and unfair competition. The minister highlighted that this aligns with the government's commitment to a self-reliant and secure agricultural framework.
Impact on Farmer Welfare and Economy
The agreement is expected to boost exports while maintaining domestic stability. Key benefits include:
- Enhanced market opportunities for Indian agricultural products in the US.
- Protection against volatile global price fluctuations.
- Support for sustainable farming practices through technology transfer.
Goyal noted that this deal reinforces India's position in global trade, balancing economic interests with farmer welfare. The Kisan Surakshit Bharat Viksit program, integrated into the agreement, focuses on long-term resilience and growth for the agricultural community.
