India's MSP operations are WTO-compliant: Piyush Goyal : vim

India's MSP operations are WTO-compliant: Piyush Goyal


India's MSP operations are WTO-compliant: Piyush Goyal
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India's MSP operations are WTO-compliant: Piyush Goyal
PTI / Feb 9, 2021, 20:08 IST
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Commerce and industry minister Piyush Goyal (File photo)
NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said the minimum support price (MSP) operations being conducted by the country are completely compliant with the rules of the World Trade Organisation (WTO).
"We have a Peace Clause under which for our public procurement purposes, we are permitted to buy from the marketplace and the MSP operations that we are currently doing are completely WTO compliant," he told reporters.
The minister was replying to a question whether MSP is WTO compliant as certain members of the WTO have alleged that the MSP given by India is distorting market conditions and the government has told the protesting farmers that MSP will continue.

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