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Journal of International Trade Law and Policy: Promoting food security through public stockholding – Indian perspective and challenges at the WTO


Abstract
Purpose – This paper aims to examine the applicable legal framework, various concerns regarding the price
support methodology and the merits and pitfalls of the Bali peace clause that currently shields India’s public
stockholding (PSH) policy, to provide suggestions on moving forward in the World Trade Organization
(WTO) negotiations.
Design/methodology/approach – At the WTO, PSH for food security is considered a trade-distorting
price support measure when food stocks are purchased from farmers at administered prices instead of market
prices. The price support is measured by a specific methodology stipulated under the Agreement on
Agriculture. India is concerned that the price support methodology overestimates the actual support provided
to the farmers and makes India susceptible to violating the WTO law.
Findings – The paper explains the domestic implications for India arising due to the applicable WTO law.
Given the centrality of India’s PSH programmes in ensuring food security, India must seek more clarity on the
interpretation of Article 18.4 of the AoA and the ambiguous provisions of the Bali peace clause.
Originality/value – The paper provides a timely and updated analysis of the contentious issue of PSH for
food security, exclusively from the Indian perspective, highlighting the persisting challenges for India in
WTO agriculture negotiations. This is timely as many WTO members have raised serious concerns about
India’s market price support policies recently and this analysis informs the reader about the underlying
issues.
Ahamed Ashiq Shajahan - Personal Name
NONE
Text
ENGLISH
EMERALD INSIGHT
2023
ENGLAND
JURNAL ILMU HUKUM
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APA Citation
Ahamed Ashiq Shajahan. (2023).Journal of International Trade Law and Policy: Promoting food security through public stockholding – Indian perspective and challenges at the WTO.(Electronic Thesis or Dissertation). Retrieved from https://localhost/etd