India, Jan. 29 -- Forget about cars, which made headlines, and jittered investors. Forget about medicines amid claims and counter-claims of lower prices and higher trade. Forget about the debate between labour intensive and tech-extensive sectors. The real icing on the cake in the India-EU (European Union) mother-of-all-trade-deals is about the impact on the respective farm sector. As the new lower tariffs kick in, possibly in 2027 once the EU ratifies the agreement, its value will be determined by which side manages to protect its farmers from imports, and simultaneously helps them to export. India has grappled with the aim to double farm incomes (see anchor article on this page), and push through pro-market laws to free the internal tra...
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