-Down to Earth India had pressed for a concrete solution to the issue; but some other countries hardened their positions, resulting in a lack of consensus, according to a delegate The 12th Ministerial Conference (MC12) of the World trade Organization (WTO) that began in Geneva June 12, ended June 16, with India’s demand to seek a permanent solution on public stockholdings (PSH) of food grains being pushed to MC13 in 2023. A member...
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To Rubbish WHO’s 2020 COVID Death Estimates, India Used Flawed Data, Analysis -Shreegireesh Jalihal and Tapasya
-TheWire.in * On May 5, 2022, the WHO estimated that 100.51 lakh people died in India in 2020. Of this, it estimated 8.30 lakh were COVID-linked deaths. * In its May 5 press release rejecting the WHO figures, the Union health ministry claimed that 81.20 lakh people died in 2020 – even lower than the number estimated to have died in 2019. * But the health ministry was wrong by a long margin...
More »WTO talks face deadlock over decision on patent waiver, fisheries subsidies
-PTI/ The Hindu The four-day ministerial conference that started on June 12 was extended by a day to give negotiators more time to iron out differences and strike the deal Talks at the World Trade Organisation conference hit a fresh hurdle late on Thursday with a group of countries blocking a decision on two crucial issues, temporary patent waiver for COVID-19 vaccines and eliminating harmful subsidies to promote sustainable fishing, sources said. The...
More »Do We Know What has Happened to Poverty since 2011-12? -Himanshu
-The India Forum The government's lack of respect for national surveys on consumption has meant that the door has been opened to preparation of unofficial estimates on poverty made on questionable assumptions. Two such recent estimates highlight the need to resume collection of data to get a true picture of poverty The government of India does not seem to be interested in knowing how many poor there are in the country. The missing...
More »India better placed to avoid risk of stagflation: RBI officials
-The Hindu Domestic economic activity is gaining strength, write authors of Bulletin article India’s economy is better placed than many other countries to avoid the risk of potential stagflation, Reserve Bank of India (RBI) officials headed by Deputy Governor Michael D. Patra wrote in an article in the June edition of the RBI Bulletin. “Global economic conditions continued to deteriorate as ratcheting up of commodity PRIces and financial market volatility have led to...
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