Omar Flags Indo-US Trade Deal Concerns, Says Agriculture May Be Hit
CM Calls for Boosting Productivity as Foreign Products May Enter Market
Srinagar, Feb 14, KNT: Chief Minister Omar Abdullah on Saturday expressed serious reservations over the possible impact of an Indo-US trade deal on the agriculture sector, warning that local growers could suffer if high-value American products enter the domestic market.
Speaking at the SKUAST Gon’gul festival, Abdullah said he does not see clear advantages for farmers in such a trade arrangement and cautioned that the agriculture sector may face pressure unless productivity and quality standards are significantly improved.
“If tomorrow US products enter the market, we must be prepared,” he said, stressing the need to enhance both production capacity and quality of agricultural output to remain competitive.
The Chief Minister said the current Budget has placed special focus on strengthening the rural economy, with agriculture at the centre of policy attention. He praised the role of Sher-e-Kashmir University of Agricultural Sciences and Technology, stating that the institution has a crucial responsibility in driving research, innovation and farmer support mechanisms.
Touching upon regional dynamics, Abdullah said stability in the neighbourhood is vital for economic growth. He expressed hope for improved relations with Bangladesh following free and fair elections there, adding that a stable Bangladesh is in the broader interest of the region. [KNT]
