Have India's farmers and dairy sector been safeguarded in the US trade deal? Piyush Goyal's statement

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Have India's farmers and dairy sector been safeguarded in the US trade deal? Piyush Goyal's statement

Synopsis

In a significant announcement, Commerce and Industry Minister Piyush Goyal asserted that India's farmers and dairy sector remain protected in the India-US trade deal, emphasizing the exclusion of agricultural products. This move aims to bolster bilateral relations and foster economic growth amidst political upheaval.

Key Takeaways

India's farmers and dairy sector are protected in the new trade deal.
Key opportunities for MSMEs and skilled workers are anticipated.
The deal focuses on enhancing bilateral relations and energy security .
Political discussions are ongoing amid opposition disruptions.
PM Modi's response is awaited in Parliament.

New Delhi, Feb 4 (NationPress) Commerce and Industry Minister Piyush Goyal announced in the Lok Sabha on Wednesday that the interests of India's farmers have been safeguarded in the India-US trade agreement, with agricultural and dairy products excluded from its scope.

The minister emphasized that India has effectively shielded sensitive areas like agriculture and dairy, while placing significant focus on food and farming issues within the India-US trade pact.

He stated that the alliance will open new avenues for MSMEs, skilled laborers, and industries, fortify bilateral relations, and guarantee energy security, which remains a primary concern for 1.4 billion Indians.

Goyal remarked that the trade deal will facilitate access to advanced technologies and assist in realizing India's initiatives like 'Make in India for the World', 'Design in India for the World', and 'Innovate in India for the World'.

His remarks came amid disorder caused by unruly opposition MPs shouting slogans, prompting the Speaker to adjourn the Lower House as proceedings could not continue in the tumult.

On the same day, Prime Minister Narendra Modi is poised to respond to the 'Motion of Thanks' regarding the President's address during the ongoing Budget Session, with discussions expected to continue in both Houses.

This motion follows President Droupadi Murmu's address to a joint session of Parliament at the beginning of the Budget Session on January 28.

Previously, Goyal noted that PM Modi had successfully concluded the trade agreement, which had been stalled due to prolonged negotiations at both the official and ministerial levels.

He highlighted the necessity of finalizing the trade accord, as Indian exports of labor-intensive goods such as seafood and textiles to the US had suffered due to a steep punitive tariff of 50% imposed during the Trump administration.

"On behalf of 1.4 billion Indians, I express gratitude to PM Modi because this agreement will present substantial opportunities for India's economic advancement, benefiting farmers, the underprivileged, fishermen, women, and youth," he stated.

Goyal also launched a pointed critique against Congress leader Rahul Gandhi, accusing him of deceiving the nation and showing no concern for India's development.

He asserted, "Leaders with negative perspectives, like Rahul Gandhi, are misleading the country. They exhibit no interest in the nation's progress. The Congress administration relegated India to the fragile five economies, and if Rahul Gandhi has his way, he will revert the country to that same state."

Point of View

It is crucial to recognize the strategic significance of the India-US trade deal. It not only ensures the protection of Indian farmers and the dairy sector but also creates a framework for economic growth and technological advancement. While political tensions cloud the discussion, the focus should remain on the potential benefits this agreement holds for millions of Indians.
NationPress
12 May 2026

Frequently Asked Questions

What sectors are protected in the India-US trade deal?
The sectors protected include agriculture and dairy, as these products have been excluded from the trade deal.
What opportunities does the trade deal present?
The deal is expected to create new opportunities for MSMEs, skilled workers, and strengthen bilateral ties.
Who made the announcement regarding the trade deal?
The announcement was made by Commerce and Industry Minister Piyush Goyal in the Lok Sabha.
What was the context of the announcement?
The announcement was made during a session in the Lok Sabha that faced disruptions from unruly opposition MPs.
How does this deal impact India's exports?
It aims to alleviate the impacts of high tariffs previously imposed on Indian exports of labor-intensive products to the US.
Nation Press
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