-Outlook Bali: Dismissing the suggestion that India was insisting on food security because of the ensuing general elections at home, Commerce and Industry Minister Anand Sharma today said New Delhi was only pursing an old proposal and stressed that "no agreement" would be better than a bad one. The Minister, at a packed press conference, made it clear that New Delhi was not prepared for any compromise on the food security issue,...

-Live Mint Anand Sharma urges updating of rules under agriculture deal to fix ‘inherent flaws', help developing countries New Delhi: India on Monday rejected the World Trade Organization's (WTO) offer on food security rules in its present form ahead of the biannual ministerial conference of the multilateral trade body beginning Tuesday in Bali, further hardening India's position on the issue. The present draft text prepared in Geneva provides developing countries temporary relief...

-The Hindu "The most important milestone to be set at Warsaw is on climate finance," says Jayanthi Natarajan, Union Environment and Forests Minister, in an interview ahead of the climate negotiations beginning November 11. * What are your thoughts on the view that historical emissions should not play a role in deciding responsibilities under the 2015 agreement? India has consistently held the view that historical emissions are a very important pillar of issues...

-FAO Rome: Food commodity markets are becoming more balanced and less price volatile than in recent years thanks to improved supplies and a recovery in global inventories of cereals, according to FAO's Food Outlook report published today. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in the current season, we will have more abundant supplies, more export...

-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...