India vows to keep ag subsidy schemes despite U.S. claims of WTO violations

India this week pledged to maintain its agricultural domestic support systems despite U.S. allegations that they violate World Trade Organization rules. During a June 11-12 WTO Agriculture Committee meeting, the U.S. formally submitted a counter-notification of India’s farm subsidies. The counter-notification, made public last month , claims India is exceeding its allowed amount of domestic support by over 100 percent in some instances. But India charged that the U.S. counter-notification was “unnecessary” and an “exercise of futility” that was based...