-The Business Standard A quick recap of the intensely fractured debate on GM crops and what the pro & anti arguments are. After nearly a decade of opposition, Environment Minister Veerappa Moily is finally expected to rule in favour of the contentious GM or genetically modified food crops in India. The Economic Times reports that this will "pave the way for the government to submit an affidavit in the Supreme Court agreeing...
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Now, onion over-supply leads to crisis -Dipak Kumar Dash
-The Times of India NEW DELHI: The government seems to be facing another onion crisis. If just a month ago it was scarcity and high prices that forced the government to almost stop export, this time abundant production and crashing prices is likely to cause unrest among onion growers ahead of the general election. There were reports of farmers halting business in Nashik on Tuesday as the wholesale price touched Rs 9.5...
More »Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
More »India’s fiction of victory at Bali - Biraj Patnaik
-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...
More »Why beg at Bali? -Uttam Gupta
-The Indian Express India faces no risk of violating its commitments under WTO The Indian delegation, led by commerce minister Anand Sharma, is approaching the WTO Ministerial in Bali with a ‘begging bowl'. The government has agreed to the so-called ‘peace clause'-a euphemism for not taking any penal action for violating commitments under Agreement on Agriculture (AoA)-proposed by WTO Director General but with the caveat that this will remain in place until...
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