In the trade deal with the US, India is believed to have not agreed to allow the controversial genetically-modified soybean and maize, while there may be parity of duty on other farm products as agreed with the European Union.
Along with the Commerce Minister Piyush Goyal’s assertion on no compromise on sensitive sectors, businessline has reliably learnt that the redline on GM soya and maize has not been crossed.
US President Donald Trump has listed a host of areas, including agriculture, and said India will increase its buying from the US. On Tuesday, US Secretary of Agriculture Brooke Rollins, in a post on X, said: “New US-India deal will export more American farm products to India’s massive market, lifting prices and pumping cash into rural America.” India’s growing population is an “important market” for American agricultural products, and the deal will go a long way to reducing this deficit, which was $1.3 billion in 2024, she added.
