Is There No Compromise on India's Agri and Dairy Sector?
Synopsis
Commerce Minister Piyush Goyal firmly stated that the interests of farmers are non-negotiable in India's agricultural sector. This commitment comes as India secures duty-free access for numerous products under the India-US trade agreement, aiming to protect farmers while expanding export opportunities.
Key Takeaways
Piyush Goyal emphasizes that farmers' interests are a priority.
No concessions on sensitive agricultural products.
India secures duty-free access for various goods to the US.
The trade deal aims to protect farmers' livelihoods.
Strengthening the India-US partnership benefits all stakeholders.
New Delhi, Feb 7 (NationPress) Commerce and Industry Minister Piyush Goyal asserted on Saturday that the interests of farmers will always be prioritized, ensuring that no concessions have been made concerning sensitive agricultural products, including grains, fruits, vegetables, spices, oilseeds, dairy, poultry, and meat.
During a press briefing with IANS, Goyal elaborated that India has successfully achieved preferential access for its goods via the India-US Interim Agreement framework.
“There has been no compromise on India's dairy sector; nothing has been opened with any conditions,” Goyal stated firmly.
He mentioned that numerous Indian products are now set to be exported to the US duty-free, including tea, spices, coconut oil, vegetable wax, areca nut, Brazil nuts, chestnuts, and various fruits and vegetables.
According to Goyal, products such as vegetable roots, cereals, barley, bakery products, cocoa products, sesame seeds, poppy seeds, and citrus juice will also enjoy zero reciprocal tariffs, facilitating their entry into the US market.
He emphasized that the trade agreement is designed to protect farmers’ interests and enhance their livelihoods while creating more export opportunities.
This deal is pivotal for accelerating the growth of India’s economy, Goyal noted, pointing out that the agreement will benefit businesses, farmers, and workers collectively.
With a thriving economy, all 1.4 billion citizens will experience prosperity akin to celebrating Diwali once more, he added.
Goyal described the agreement as fair and balanced, asserting that the India-US trade pact safeguards farmers, supports exporters, and enhances bilateral economic relations.
He concluded by stating that the India-US partnership will fortify trade relations, elevate exports, and unveil new opportunities for businesses on both sides.
“With full confidence, I can affirm that this India-US agreement does not jeopardize the interests of India’s farmers, MSMEs, or the handloom and handicraft sectors in any manner,” Goyal affirmed.
Point of View
The emphasis on protecting the agricultural sector amid international trade agreements is crucial for maintaining the livelihood of farmers in India. Minister Piyush Goyal's assurances reflect a balanced approach to expanding trade relations while safeguarding national interests, ultimately benefiting the broader economy and its citizens.
NationPress
6 May 2026
Frequently Asked Questions
What does Piyush Goyal say about the dairy sector?
Piyush Goyal firmly stated that there has been no compromise on India's dairy sector and that nothing has been opened with conditions.
What products will benefit from the India-US trade agreement?
Indian products like tea , spices , and coconut oil will now be exported to the US with zero duty, along with several others.
How does the trade deal affect farmers?
The trade deal is designed to protect farmers' interests and enhance their livelihoods, ensuring no concessions are made on sensitive agricultural products.
What is the significance of the India-US partnership?
The partnership aims to strengthen trade ties, boost exports, and create new opportunities for businesses on both sides.
Will this agreement impact MSMEs or handicraft sectors?
Piyush Goyal emphasized that the agreement does not harm the interests of either India's MSMEs or the handloom and handicraft sectors.
