The US has accused India of providing market price support (MPS) to wheat and rice farmers above what it reported to the World Trade Organization (WTO). The US claimed the MPS was more than 60% of the value of production for 2013-2014 between 2010-2011 and four years, which is higher than the 10% allowed under WTO rules. India is the second or third largest agricultural producer in the world and has moved up to being the seventh largest exporter during the period in question.
The US has accused India of providing market price support (MPS) to wheat and rice farmers above what it reported to the World Trade Organization (WTO). The US claimed the MPS was more than 60% of the value of production for four years between 2010-2011 and 2013-2014, which is higher than the 10% allowed under WTO rules. India is the second or third largest agricultural producer in the world and has moved up to being the seventh largest exporter during the period in question.