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CACP Chairman calls for reducing farm production cost

Written by: Staff

Amritsar, Feb 24 (UNI) Farmers should prepared to face the challenges of the WTO in an organised manner through appropriate technology, infrastructure and policy support, agricultural experts today said.

Chairman, Commission on Agricultural Cost and Prices Dr T Haque (CACP) said efforts should be made to reduce the cost of production and make farm products competitive in the international market.

Dr Haque was here to inaugurate a two-day UGC sponsored National Seminar on Economic Reforms Under WTO Regime: Some Implications.

Discussing various issues confronting Indian agriculture and unorganised industrial sector he said that so far the net social and economic gains seem to be negative. He said developed countries have not reduced their subsidie and this was going to limit market access to India's agri-products.

Dr Haque said that our bargaining power at the WTO must be strengthened and there was need to have an appropriate monitoring system.The growth rate of agricultural income and employment had declined and the rate of growth of import of agriculture commodities had been higher than the growth rate of export,he pointed out.

He said Indian farmers and other informal sector workers are in real distress. Expressing some hope, he said that the reduction of export subsidy on cotton and other products by developed countries may provide some relief.

Noted economist and Guru Nanak Dev University (GNDU) Registrar DrR S Bawa, while delivering his presidential remarks said common people, especially farmers did not know the various clauses of WTO.

Thus, he emphasised that awareness campaign should be launched to educate the masses about the various provisions of WTO.


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