-PTI BALI: On the eve of WTO ministerial meeting here, India on Monday said the interim solution on food security as currently designed is not acceptable and the country won't compromise its farmers' interest or succumb to mercantilist ambitions of rich nations. There is a national consensus and complete political unanimity on this matter in India, commerce and industry minister Anand Sharma said, adding: "It is therefore difficult for us to accept...
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'No Compromise on Food Security of Poor at WTO Meet'
-Outlook With only four days to go for the WTO meet in Bali, India today asserted that it will not compromise its stance on food security of poor and support to marginal farmers even if subsidy limits are breached. Commerce and Industry Minister Anand Sharma, country's chief negotiator at WTO, also said India will engage with WTO members for a positive outcome of Bali meet, but at the same time New Delhi...
More »India should stand its ground at Bali -Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
-Live Mint Our food procurement policies may be lopsided but there is no link between the food security law and free trade The upcoming World Trade Organization (WTO) summit in Bali has attracted considerable attention in India because of its repercussions on our food policy. It is feared that the recently passed food security law will breach the negotiated limits on the aggregate measure of support (AMS) to farmers. AMS is...
More »India Inc backs government stance on food subsidy at WTO
-PTI NEW DELHI: Backing the government's stance on food subsidy at the WTO, India Inc today said it is important to ensure legal entitlement of low-cost ration to the poor in order to achieve all-round development. "For us in India, we have to ring-fence the interest of subsistence farmers and poor by procuring grains at minimum support price (MSP) and ensuring legal entitlement of low-cost ration to the poor," Assocham President Rana...
More »WTO's post-Bali plan may be govt's worry-Sidhartha
-The Times of India NEW DELHI: With the general elections just four months away and rollout of UPA's flagship Food Security Act at stake, commerce minister Anand Sharma is facing a challenge that few of his eight predecessors who attended WTO ministerial meetings have faced. Already, there is a demand to block a compromise formula or a "peace clause" that will prevent any WTO member from seeking penalties against a developing country...
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