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Farm distress looms as global crop prices crash after 10-year bull run -Harish Damodaran

-The Indian Express For the last 10 years, farmers in India benefited from both increased production and higher price realisations - leading to rising rural incomes and declining poverty rates. That happy story may now be near its end - which could be the precursor to a renewed crisis in agriculture. The main reason is declining global prices for most agri-commodities (see Table 1). Over the last five-six months, corn, wheat and...

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NC Saxena, Former secretary-Rural Development Ministry and former member of the NAC, interviewed by Aditi Phadnis

-The Business Standard   NC Saxena, a former member of the National Advisory Council believes that the regulatory regime in the states continues to be oppressive. In an e-mailed interview with Aditi Phadnis, Saxena says that the fundamental problem in India is the low tax-GDP ratio and neither the last government nor the current one seems interested in increasing revenues. Edited excerpts: * The new government appears to be watering down a lot...

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WTO Talks Inconclusive, Discussion to Continue

-Outlook Geneva: With India sticking to its tough stand, efforts to break the impasse in the WTO on trade facilitation agreement and food security issues today proved futile and further consultations will continue over the week. The General Council of the World Trade Organisation (WTO), which met after a gap of over two months, could not make much headway. "I will be holding a series of meetings in a range of different configurations....

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India to stick to food security stand at WTO panel meet

-The Business Standard In July, India had clarified it wouldn't ratify a trade facilitation agreement until a permanent solution on food security was arrived at A day before the World Trade Organization (WTO)'s trade negotiations committee meets in Geneva, India on Wednesday said during the negotiations, it would stick to its stand on food security. Speaking to reporters here, Commerce & Industry Minister Nirmala Sitharaman said, "Our position remains intact...we will underline the...

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Hudhud, blessing in disguise -Praduman Choubey

-The Telegraph Cyclone Hudhud, which made landfall in Andhra Pradesh's Visakhapatnam around 11.30am on Sunday and unleashed massive rain and gale that left behind a trail of destruction, might prove beneficial for Jharkhand's rabi crops. According to Met officials, the cyclone, which crossed Andhra coast with wind speed of 195-200kmph this afternoon, is likely to trigger heavy rain in some parts of Jharkhand on Monday and Tuesday. Even though farmers are bracing for...

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