-The Hindu With the U.S. showing a preference for plurilateral agreements over WTO multilateralism, developing nations must defend the global trading system against transnational corporations The 10th Ministerial Conference of the World Trade Organisation (WTO), which also marked the completion of two decades of functioning of the most recent of the multilateral institutions, ended with an agreement among trade ministers of the member countries that may have pushed the organisation to the...

-Hindustan Times If you are a fence sitter on the Mahatma Gandhi National Rural Employment Guarantee Programme (MNREGA), not sure whether it is good or bad, here is data to confuse you some more. As payments for jobs under the scheme remain sluggish, there has been a 60% increase in households registering for the programme in the August to November period this year. The higher registration of households is expected to push...

-Hindustan Times Nearly half of what the average Indian earns she spends on food. And when food prices rise, the average Indian’s budget feels the strain. In November, the consumer food price index, which tracks food prices at retail sales points, was up 6.07% as compared to 5.25% in October. Even data relating to the Wholesale Price Index (WPI), which tracks prices of commodities when they are traded in bulk, show...

-Livemint.com The most glaring implication of the proposed deficiency payments is that it makes the state give up its responsibility of intervening in markets During the past few months, there has been a highly contested debate on the merits, viability and feasibility of crop insurance in India given the large number of small farmers and the large amount of subsidy involved that is not being effectively used as the coverage of...

-The Economic Times LUCKNOW: The latest edition of the United Nations Development Programme report on Human Development Index released on Monday has referred to Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) as among the best known employment guarantee schemes providing direct jobs to the rural poor. Interestingly, in February this year, Prime Minister Narendra Modi had referred to the scheme as a "living monument" of Congress-led UPA government's failures. MGNREGS, which...