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India seeks new benchmark for farm subsidy at WTO -Banikinkar Pattanayak

-Financial Express The extent of asymmetry between the support extended by the developing and the developed countries was brought to the fore in an earlier paper jointed submitted by India, China and some others. India, along with 80-odd developing countries, has sought a revision of the over three-decade-old external reference prices of farm commodities that are used by the World Trade Organization (WTO) to calculate current domestic farm subsidies extended by developing...

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UN report flags nearly 50 lakhs displaced in India due to climate change -Aryan Prakash

-Hindustan Times According to the report, the largest displacements due to disasters in 2021 took place in China (60 lakhs), the Philippines (57 lakhs) and India (49 lakhs). The UN report said that most disaster displacements were temporary. Nearly 50 lakh people in India were internally displaced due to climate change and disasters in 2021, news agency PTI quoted the annual Global Trends Report by the United Nations High Commission for Refugees...

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World lost 11.2 crore jobs in the first quarter of 2022: ILO -AM Jigeesh

-The Hindu Gender gap in India’s employment data finds mention in the report on the ‘world of work’ The "world of work" is being buffeted by multiple crises, says the ninth edition of the International Labour Organisation (ILO) Monitor. The report says that after significant gains during the last quarter of 2021, the number of hours worked globally dropped in the first quarter of 2022, to 3.8% below the employment situation before...

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Food for thought

-The Hindu Business Line Pesticide residues in India’s agri exports calls for a multi-pronged policy response As reported recently by this newspaper, India’s cumin exports have suffered a setback in recent months, with China claiming that pesticide residues exceeded the maximum residue limits (MRLs) spelt out by it about six months back. Chinese authorities have said that consignments must be accompanied by a pesticide residue report. India has been through all this...

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Wheat caught in crossfire: How an export ban is affecting wheat prices -Dipu Rai

-IndiaToday.in How is the wheat export ban affecting its price in the domestic market? From war to heatwaves and floods to drought, wheat, a crucial global food, is under attack and is getting more expensive day by day. India was seen as a collateral beneficiary after the Russia-Ukraine war, but bread became more costly after a ban on its global sales. But this price change is working differently in the Indian domestic...

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