Indian Govt(AP for eg)also promises (impossible)subsidies to its farmers! BTW i think India lacks the lobbying power in WTO to counter the unfair farm subsidies of EU and US.There is already a hue and cry about the reform in Sugar production.As u say India needs to invest a lot in the Food Processing.Infact,India needs more graduated in the area of Agricultural Sciences ,Food Processing...etc.We also must learn to properly market our IDLIS and DOSAS like the whoppers and burger.