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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...

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Why NREGA wage hike is bad news for the economy-Shishir Asthana

-The Business Standard Politics of populism will impact the government's fightback against inflation Mumbai: With the benefits of Food Security Bill failing to kick in, government is back to playing the card which many claim helped it win the previous election. It is looking to make a substantial hike in wages under the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA), according to a latest report by Economic times. A panel...

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Freeing the world from hunger-Vikas Rawal

-The Hindu The Bali ministerial conference in December presents a crucial opportunity to bring about changes in WTO rules Ending hunger and poverty requires major national policy initiatives in developing countries. The United Nations Secretary-General has articulated a broad zero hunger vision, endorsed and embraced as a priority by national leaders in many developing countries in Latin America, Africa and Asia. Production of food by small cultivators in developing countries has a...

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Inflation eroding savings of Indians living in metros: Survey

-PTI Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40 per cent in the last three years, says an Assocham survey. "Poor households are unable to maintain the consumption levels at current prices while middle income families find their purchasing power erode fast, thus having far less surplus money," Assocham...

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Veggie prices push inflation to 10.09%

-The Hindustan Times Prices of almost all everyday products and services - from food to footwear and movie tickets to medicines - saw a sharp rise in October, pushing retail inflation to 10.09%, the highest in seven months. Costlier onions and tomatoes saw retail inflation - a measure of prices that are asked of you at a shop - cross the double-digit mark for the first time in seven months, indicating Indians...

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