ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Subsidies, Patents and Market Access in Dunkel Draft

While the fiscal measures recommended in the Dunkel Draft seem to give Indian agriculture a boost in the international market by forcing the developed countries to reduce the subsidy level, the proposals on intellectual property rights wilt make production costlier because of royalty payment to multinationals for genetically engineered seeds and bio-substitutes, thus taking away the advantage given by fiscal measures.

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