What are the direct and indirect subsidies provided to the farm sector in India? Discuss the issues raised by the World Trade Organization (WTO) in relation to agricultural subsidies. (15 Marks,250 Words)

What are the direct and indirect subsidies provided to the farm sector in India? Discuss the issues raised by the World Trade Organization (WTO) in relation to agricultural subsidies. (15 Marks,250 Words)

However, these subsidies have raised concerns at the World Trade Organization (WTO). The WTO argues that such subsidies distort global trade by artificially inflating production levels, leading to oversupply and market disruptions.