-The Hindu Business Line Question use of US dollar to notify subsidies, low-income/resource-poor tag for all farmers India has yet another fight on its hands at the World Trade Organization (WTO) over food subsidies. Many developed nations are now questioning the agriculture subsidies notified by India, charging that the country may have under-stated the actual figures. India's decision to notify the subsidies in US dollars rather than the rupee is particularly under the...
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A reality check on intellectual property concerns -Moushami Joshi and Srividhya Ragavan
-The Hindu The Working Group on Intellectual Property can serve as a platform where real time solutions to meet India's need for low-cost medicines can be addressed After what seemed like a historic trip for Prime Minister Narendra Modi, which held out the promise of reshaping India-U.S. relations positively, the initiation of the Out-of-Cycle Review (OCR) by the United States Trade Representative (USTR) has brought a sobering reality check as to what...
More »Big breakthrough in Beijing -Jairam Ramesh
-The Hindu To address climate change, India has committed itself to a 20-25 per cent reduction in intensity of carbon emissions by 2020, but the international community will want more U.S. President Barack Obama and Chinese President Xi Jinping have just signed a historic bilateral accord on climate change and clean energy cooperation in Beijing. This accord will have impacts in the run-up to the Paris Conference in December 2015 when the...
More »India, US agree on food stockpiling, clear way for WTO deal
-Business Standard Commerce Minister Nirmala Sitharaman says India's proposals will be now reviewed by the WTO General Council Washington: India has reached an agreement with the United States on public stockpiling of food, trade minister Nirmala Sithamaran said on Thursday, paving the way for the implementation of a global trade facilitation deal that has been stalled for months. Under the pact with Washington, India will lift a veto on a global agreement on...
More »Agri-commodities show early signs of price rebound -Dilip Kumar Jha
-The Business Standard Wholesale prices of edible oils have risen 40% since Oct 15; pulses and wheat have surged 4.62% and 8.33%, respectively These could still be early signs, but it appears the breather on food inflation that India has been enjoying for some time is going to end. Following a sharp reduction in production estimates, prices of key agricultural commodities have risen over the past three weeks. According to data from the...
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