Mukherjee, Arpita; Rahman, Nida; Mukherjee, Eshana - 2023
Organization's (WTO) Agreement on Subsidies and Countervailing Measures (ASCM). In March 2018, the United States of America (USA …) challenged this export-linked subsidy in the WTO and India lost the case in October 2019, requiring the country to withdraw such … subsidies. Globally, many countries have designed WTO compliant fiscal incentives and are offering non-fiscal incentives like …