-Vikalp The recently concluded Bali Ministerial marks an important milestone in the WTO negotiations. The National Food Security Act, 2013 in India has brought the issue of food security and hunger within developing countries to the forefront of the negotiations in the WTO. In this context, the G-33 proposal addressing the issue of non-recognition of food security concerns of developing countries within the global trade rules reflected a meaningful unity within...

-Outlook Government today reduced minimum export price (MEP) of onion to USD 150 a tonne from USD 350 to boost shipments and check sharp fall in domestic prices that has led to farmers protest in producing states. This is the third downward revision of onion MEP, the benchmark price below which the commodity can not be exported, this month. On December 16, the Centre had reduced it to USD 800 a tonne...

-The Times of India NEW DELHI: Two days before Delhi gets a new chief minister, compressed natural gas (CNG) rates were hiked on Thursday by a steep Rs 4.50 - the second increase in three months - giving rise to the prospect of costlier public transport for Delhiites and throwing a challenge to the incoming Aam Aadmi Party (AAP) government. CNG will cost Rs 50.10 per kg in Delhi and Rs 56.70...

-The Times of India   BALI: After four days of intense negotiations, World Trade Organization members are set to accept the government's demand on food security that will protect India and other developing countries from penalties for breaching the domestic support cap of 10% of value of production. In return, the government agreed to a new agreement on trade facilitation, the first since WTO was set up nearly two decades ago, that...

-The Hindu The Warsaw negotiations have delivered empty new shells in the name of finance and technology to the developing world and repackaged existing financial commitments towards the poor countries in a green-coloured envelope The Warsaw negotiations delivered little on climate change issues but the fortnight served as a warning about the perilous task that lies before countries to produce a global compact by 2015 which matches expectations. The developed countries reached Warsaw...