The Tribune (India) published an article saying if the US, EU, Canada and other big players can subsidize exports of agricultural commodities or export at prices which are actually below the cost of production, why should Indian farmers be penalized for it? International prices should, therefore, not be treated as a benchmark for fixing MSP for domestic farmers. Several studies, including IFPRI, analyzed the issue in depth. Accordingly, the US had spent $14.8 billion in just four years, between 1998 and 2002, to subsidize a cotton crop valued at $21.6 billion. Republished in Ground Reality.
