-The Economic Times NEW DELHI: The risk of losing room to raise the minimum support price for rice possibly prompted India's hard stand at the WTO in July, which led to the collapse of trade talks. The farm subsidy notification made by India at the WTO earlier this week shows that the subsidy to rice risks exceeding the WTO permissible limit. If there is no relief on the procurement issue, the government...
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Farmer in distress -Bharat Jhunjhunwala
-The Statesman Prime Minister Narendra Modi has expressed anguish over suicides by farmers, whose condition has not improved despite the high rate of economic growth. The reason for this distressing state of affairs is that economic policies are badly crafted. The primary effort of the Government has been to increase agricultural production. The price factor is not taken into consideration, the perception being that the farmer will be better off...
More »India hopeful of solution on food security issue at WTO
-The Business Standard Hopeful of directional change in India-China trade relations With the World Trade Organization (WTO) reconvening this month, India is hopeful its concerns on public stockholding for food security purposes will be considered this time, even as the government on Wednesday said it is not the only country is demanding an early resolution to the issue. "Today, the environment is far more in favour of India. People are able to understand...
More »States say no to extra rice over lack of storage -Sandip Das
-The Indian Express The Modi government's efforts to fight inflation by releasing additional amounts of grain to states under the targeted public distribution system (TPDS) is threatening to unravel, as states are ill-equipped to handle extra allocations. While there are few takers among the states for the extra rice allocated under TPDS, the offloading of wheat stocks with the Food Corporation of India (FCI) to bulk buyers has taken off. Analysts say...
More »Delayed seeds of reform -Ashok Gulati
-The Financial Express Controlling food inflation seems to have pre-occupied the attention of the Modi government, at least for now, and it has succeeded in minimising the damage despite a poor monsoon. The Modi government had to hit the ground running as far as food and agriculture is concerned. With delayed and deficient rains in June and the spectre of El Nino, drought was looming large. Food inflation was stubbornly stuck at...
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