No WTO pact at cost of Indian ryots: Kamalnath

Written by:
Subscribe to Oneindia News

Bhopal, Aug 18 (UNI) Union Commerce and Industry Minister Kamalnath today said that India had taken a firm stand at the World Trade Organisation meeting that it would not ink any agreement detrimental to Indian farmers' interests.

Despite pressure from the United States, India declined to sign an agreement on agriculture products due to tariff distortions,'' he told journalists here while adding that national interests were paramount. At the same time, India signed the 123 Indo-US Nuclear Agreement as it felt the deal was in the country's interests, the Minister added.

''There will be no agricultural compromise detrimental to interests of our poor peasants,'' said the Lok Sabha Member representing this state's Chhindwara for about three decades.

''A new green revolution ensuring remunerative prices to cultivators is the need of the hour,'' he said while adding that the United Progressive Alliance (UPA) government's efforts in this regard yielded results with farmers getting increased prices for soybean, maize and cotton.

To set a second green revolution rolling, Mr Kamalnath said that the UPA regime waived agriculture loan of about Rs 70,000 crore holding out the Congress stand to safeguard peasants' interests. The purchase power of ryots had increased, he said while adding, ''unfortunately, Madhya Pradesh under Bharatiya Janata Party rule remained most backward and neglected.'' UNI SP LS AS1924

Please Wait while comments are loading...