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Draft Paris pact stresses ‘voluntary contributions’ -G Ananthakrishnan

-The Hindu India says it is ready for a regime of stocktaking of future carbon emissions. In a clear signal that active diplomacy is at work to forge an agreement in Paris based on voluntary pledges, one that is subject to transparent monitoring, India said on Friday that it was ready for a regime of stocktaking of future carbon emissions. The U.S., on its part, said it had “nothing but respect” for...

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To subsidise or not: All you need to know about food security -B Sundaresan

-Hindustan Times Commerce minister Nirmala Sitharaman has said that the WTO will have to give a permanent solution to India’s food security issue. HT explains. * What has WTO got to do with food security? The World Trade Organisation was established in 1995 to facilitate trade among members, who now number at 161. The WTO facilitates trade through rounds of negotiations — there have been nine rounds till now, the latest being the...

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India to press for equity at climate talks -G Ananthakrishnan

-The Hindu India’s strategy at the Paris Climate Change summit will be to work with emerging economies and press the developed world to concede that responsibility for cutting carbon emissions after 2020 cannot be shared equally by rich and poor nations. Two major issues that New Delhi will focus on at the Conference of the Parties (CoP) to the UN Framework Convention on Climate Change (UNFCCC) are failed ambitions on transferring low...

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Keeping a finger on the pulse economy -Yoginder K Alagh

-The Tribune To ensure stable prices of pulses and attractive returns for producers, policies of domestic prices and tariffs should blend. Import duties must be calibrated with demand. As the Indian economy grows at a rate of 7 per cent plus, assuming low growth as an aberration, the food basket will diversify. Within grains, the movement will be to pulses as shown by the  expert group on pulse production. The yield and...

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India at WTO: a victory or bailout? -Roshan Kishore

-Livemint.com It is early days yet to claim victory in the larger struggle to correct the fundamental bias in WTO against developing countries The impasse regarding the implementation of the trade facilitation agreement (TFA) in the World Trade Organization (WTO) seems to be coming to an end after India and the US reportedly resolved their differences on the food security outcome of the Bali ministerial conference held last December. Apparently, the US...

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