-Livemint.com India needs to defend policies that make agriculture remunerative and stand by its poor at this stage of development In an attempt to combat rural distress, the Union budget announced this year by finance minister Arun Jaitley promised a new deal to farmers—minimum support prices (MSP) that would be 150% of the cost of production. The government is expected to announce the first set of support prices under the new policy in...
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Don't chicken out
-The Hindu Business Line India has withdrawn curbs on US chicken imports, but phytosanitary concerns remain In keeping with its hardline stance on trade matters, the US continues to press for damages against India on poultry import curbs, despite India having relaxed them in recent months. Citing avian influenza concerns, India had for years virtually banned poultry imports from the US, prompting the latter to move the WTO. In 2015, the WTO...
More »The rise and fall of the WTO -C Rammanohar Reddy
-The Hindu As the U.S. loses interest in multilateralism in trade, India should actively try to arrest the organisation’s slide Less than 25 years after the World Trade Organisation (WTO) was created, its future as a body overseeing multilateral trade rules is in doubt. The failure of the recent ministerial meeting at Buenos Aires is only symptomatic of a decline in its importance. Too ambitious? When the WTO was born in 1995, replacing the...
More »China accounts for 66 per cent of India's bulk drug imports in FY'17
-PTI NEW DELHI: India's bulk drug imports from top five countries stood at Rs 18,372.54 crore in 2016-17 with China accounting for 66 per cent, Parliament was informed today. In a written reply in Lok Sabha, Minister of State, Chemicals and Fertilisers Mansukh L Mandaviya said the other four major countries from where India imports bulk drugs are Germany, the US, Italy and Singapore. India's import of active pharmaceutical ingredients (API) from China...
More »WTO Summit: What is the biggest takeaway for India; find out here -Biswajit Dhar
-The Financial Express Yet another WTO Ministerial Conference has ended with the 164 members of the organisation failing to agree on how to take the agenda of the organisation forward. At the end of the 11th Ministerial Conference (MC11), there should be no doubt that the WTO has lost its way. Trade ministers have failed to deliver a work programme for the WTO for the second time in a row—a first...
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