Which of the following statement(s) reflects India's stand on new World Trade Organization's proposal on the issue of the subsidy to agro products ? (1) India would protect the interest of its poor farmers who can not bear the burden of the cost of the products if they have to sell them on cheaper rate. (2) Indian industry needs more flexibility as compared to the industry in developed countries. (3) WTO has set up a new committee under the chairmanship of Putin of Russia to look into the issue of subsidy and find out a solution to the problem acceptable to all the parties.

• A. (A) Only 1
• B. (B) Only 2
• C. (C) Only 3
• D. (D) Both 1 & 2
• E. (E) None of these