-DNA India is expected to bear the brunt of $160 billion trade-distorting farm subsidies provided by developed nations like the US At a time when angry farmer protests seeking an increase in the Minimum Support Price (MSP) for all crops is on an upswing, India faces an uphill task to protect its food procurement operations at the forthcoming Buenos Aires Ministerial of the World Trade Organisation (WTO) from December 10-13. At...

-Down to Earth At the upcoming WTO meet, India has to negotiate a better deal to ease restrictions on giving food subsidies When the World Trade Organization (WTO) meets in Buenos Aires in Argentina next month, India would be arguing for something of immense importance for the country’s agrarian economy. At the Eleventh Session of the Ministerial Conference of WTO from December 10 to 13, India will try to prevent restrictions on...

-The Hindu Business Line Price double in key wholesale markets; Consumer Affairs Ministry suggests floor price for exports New Delhi/Mumbai: To check spiralling prices of onions and ease supplies, the Centre has decided to import 2,000 tonnes of onions through the State-owned MMTC while two other agencies, Nafed and SFAC, will source 12,000 tonnes locally, Food and Consumer Affairs Minister Ram Vilas Paswan has said. A floor price of $700 per tonne on...

-The Hindu Business Line Members such as Canada, EU, US want stiffer safeguards for public stock holding India’s demand for a permanent solution on public stockholding subsidies at the World Trade Organization (WTO) is being challenged by several members, including Canada, the EU and the US, which are insisting on stiffer safeguards, restricted product coverage and a linkage with pruning of overall domestic support. “As the deadline for coming up with a permanent...

-The Hindu At Ministerial Conference next month, will push back on ‘severe’ curbs on right to give price subsidies At the upcoming meeting of the World Trade Organisation’s (WTO) highest decision-making body, India will not agree to severe restrictions on its right to give price subsidies to farmers through the Minimum Support Price (MSP) to procure grains from them for food security purposes, according to highly-placed official sources. The WTO’s Ministerial Conference is...