world

India Rules Out Farm Import Concessions to US

Piyush Goyal says sensitive agriculture sectors will remain protected under India-US trade deal

February 7, 2026: Union Commerce and Industry Minister Piyush Goyal on Saturday clarified that India will not offer import benefits to the United States on a wide range of agricultural products under the proposed India-US bilateral trade agreement. Addressing a press conference, Goyal said the decision was taken to safeguard domestic farmers and rural livelihoods, stressing that India is largely self-sufficient in agriculture and cannot risk exposing sensitive sectors to foreign competition.

The minister said key farm products such as meat, poultry, dairy, soyabean, maize, rice, wheat, cereals, millets, fruits, green tea, oilseeds, honey, ethanol and tobacco have been excluded from import concessions. He noted that India has consistently followed this approach in trade talks with the European Union, the United Kingdom and Australia. Emphasising agriculture’s role in employment and food security, Goyal said protecting domestic producers remains a top priority in all trade negotiations.

Highlighting the benefits of the proposed agreement, Goyal said it would open access to a $30 trillion US market for Indian exporters, benefitting MSMEs, farmers and fishermen. He added that several Indian exports such as gems and jewellery, pharmaceuticals and smartphones will continue to enjoy zero-duty access. In agriculture, products like spices, tea, coffee, coconut, cashew, areca nut and various fruits and vegetables are expected to gain from zero reciprocal tariffs, potentially generating lakhs of new jobs, especially for women and youth.

Disha Rojhe

Recent Posts

Fuel, LPG Supply Stable Despite Strait Of Hormuz Tensions

Petroleum Ministry urges consumers not to panic-book cylinders as supply chain remains under control March…

2 hours ago

ISS Shares Stunning Night View Of India

Image captured from 400 km above Earth shows subcontinent glowing with city lights March 11,…

3 hours ago

Richa Chadha Backs Woman In IndiGo Harassment Claim

Actor voices support after passenger alleges molestation during Delhi–Mumbai flight March 11, 2026: Actor Richa…

3 hours ago

Kirti Azad–Gambhir Row Over Temple Visit

Ex-cricketer defends remarks on T20 World Cup trophy celebration, stresses religious inclusivity March 11, 2026:…

3 hours ago

Iran Warns Of Strikes On US-Linked Banks

Threat follows reported airstrike on Tehran bank as Gulf tensions escalate March 11, 2026: Iran…

4 hours ago

Drone Incident Near Dubai Airport Injures Four

Two drones fall near Dubai International Airport as Gulf tensions escalate March 11, 2026: A…

4 hours ago