Piyush Goyal Defends India’s Agricultural Stance in Trade Talks

Union Commerce and Industry Minister Piyush Goyal has firmly rejected allegations that India has made concessions to the United States regarding agricultural products in the ongoing trade discussions. In an exclusive interview, Goyal stated that the interests of Indian farmers and producers remain intact, asserting that no agricultural concessions have been made under the current interim trade agreement.

When questioned on the matter, Goyal emphatically responded, “Not at all,” reaffirming that India has not offered concessions on genetically modified food products, including soybeans, corn, and maize. He elaborated that sensitive domestic agricultural products, such as flour, essential oils, tobacco, sugar, and various fruits, are fully protected.

Minister’s Assurance on Agricultural Protections

Goyal emphasized that the Indian government has not relinquished control over key agricultural sectors. He listed products that remain shielded from concession, including bananas, strawberries, pulses, oilseeds, and animal feed. “An agreement is a whole series of negotiations around a variety of subjects, goods, different types of agricultural and non-agricultural products, and services,” he explained. “On agriculture, India’s sensitivities and the interests of farmers and producers have been safeguarded 100 percent.”

The minister expressed concern over political groups attempting to mislead farmers about the implications of the trade deal. “Sadly, a few political elements do try to distort issues or misrepresent them,” Goyal noted, calling on these groups to refrain from misleading farmers who are genuinely seeking clarity. He reiterated the government’s commitment to engaging with farmers’ representatives to address any concerns regarding the trade agreement.

Goyal highlighted the significance of the India-US trade relationship, pointing out that Indian farmers currently export agricultural and fish products worth Rs 5 lakh crore annually. He believes that this figure has the potential to double in the coming years as new markets open.

Concerns from Farmers’ Groups

Despite Goyal’s assurances, the Samyukt Kisan Morcha and a breakaway faction have voiced concerns regarding the trade agreement, leading to calls for nationwide protests. The minister remarked that he is open to discussions with any farm delegations who may have reservations about the trade deal, stating, “I have an open-door policy on this.”

He pointed out that many farmers recognise the benefits of the interim trade agreement with the United States and the European Union. Goyal also mentioned a recent meeting in Madhya Pradesh with agriculture ministers from nine states, where they celebrated the opportunities presented by these agreements.

The minister clarified that India’s agricultural products would generally face lower reciprocal tariffs compared to competitors. He noted that items such as tea, coffee, spices, coconut, and vegetable wax will continue to enjoy zero tariffs. “All our agri products now will have a lower reciprocal tariff than our competition at 18%,” Goyal explained, adding that this would enhance the competitiveness of Indian agricultural exports.

In conclusion, Goyal’s statements aim to reassure farmers amid rising tensions and highlight the potential growth opportunities that the India-US trade agreement presents. As discussions continue, the government remains committed to protecting the agricultural sector while seeking to expand market access for its farmers.