India Responds to Subsidy Critics with More Subsidies

The global sugar community chastised India when it announced export subsidies last year that seem to be in clear violation of WTO rules. Those subsidies, which were set at $53 a ton in February and increased to $54 a ton later in the year, helped the country offload 2.8 million tons onto the already depressed global market in 2014.

India responded to the international criticism by upping the subsidy to $64 a ton in 2015.