-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...
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Ploughing a lonely furrow -Devinder Sharma
-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...
More »At Upcoming WTO Meet, India and Other Developing Countries to Try and Keep Focus on Doha Agenda -Noor Mohammad
-TheWire.in Developed countries want to include new issues like e-commerce, investment facilitation and government procurement in the discussion. New Delhi: Battle lines have been drawn between developed and developing countries over the agenda for the forthcoming WTO ministerial conference at Buenos Aires, with India saying it will oppose discussion on new issues like e-commerce, investment facilitation and government procurement. If India remains firm on its stand, the upcoming ministerial, to be held from...
More »Unutilised forest wealth generates huge revenue for Rajasthan's tribals
-IANS UDAIPUR: Farming has rarely been a viable proposition in Rajasthan's dry and hilly Udaipur region. A new way has now been found to provide sustainable sustenance for the area's tribals by enabling them to sell -- for a staggering Rs 189 crore ($29 million) in the last two years -- minor forest produce (MFP) that is abundant in the area and has remained unutilised for almost nine decades. According to officials,...
More »Demonetisation anniversary: Why less cash in itself may not necessarily mean less black money -Sunny Verma
-The Indian Express It can also mean other things such as currency shortage, transaction mode shift. The government has presented a lower cash-to-GDP ratio as a key achievement of demonetisation, and a measure of black money being checked. Economists, however, caution against reading this metric in isolation. Prime Minister Narendra Modi said last month that the cash-to-GDP ratio is down to 9% after demonetisation, from over 12% earlier. “Was it possible if a...
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