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India Will Never Allow Imports of Genetically Modified Products: Goyal
Sentiment: NeutralHigh Priority
What Happened?
Commerce Minister Piyush Goyal stated that India has never permitted imports of genetically modified (GM) products and will not do so in the future, citing sensitivity around the issue. He emphasized the importance of protecting local sectors like dairy and agriculture.
Key points
- Goyal addressed students at Kirori Mal College, emphasizing India's stance on GM products.
- He stated that dairy is a sensitive sector and India has never compromised on it in trade agreements.
- Goyal highlighted that India seeks preferential access for textiles, pharma, and agricultural products.
- He mentioned the government's efforts to promote manufacturing and job creation.
- The minister noted that religious sensitivities influence India's dairy production standards.
Key insights
- India's strict stance on GM products may influence future trade negotiations.
- Local farmers could benefit from the government's protective measures against GM imports.
- The emphasis on religious sensitivities may shape India's agricultural regulations.
Why it matters
This decision affects India's agricultural policies and local farmers' protection.
Tags
Entities
Piyush Goyal· PersonIndia· CountryKirori Mal College· Location
Source
Business Standard
