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India to seek permanent solution to food stock issue at WTO

-PTI Buenos Aires: Commerce and Industry Minister Suresh Prabhu has said that a permanent solution to the public stockholding of food stock is a "must have" at the 11th ministerial conference of the World Trade Organisation (WTO) which begins here today. The permanent solution, the minister said, should also cover the current as well as future programmes of all developing member countries and LDCs as it concerns the livelihood of millions of...

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For India, the fight at WTO will be about food security -Sachin Kumar Jain

-Down to Earth India needs to find a permanent solution to the problem of public stock holding, as it is a matter of survival for hundreds of millions people During the negotiations for WTO Agreement on Agriculture in 2001, India raised concerns over food security and flexibility that developing nations must have when it comes to providing subsidies to key farm inputs. Seventeen years have passed since then and countries like...

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Union Finance Minister Shri Arun Jaitley Holds Pre-Budget Consultation Meeting with the representatives of different Agriculture Groups

-Press Information Bureau/ Ministry of Finance The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that in order to achieve the goal of doubling the farmer’s income by 2022, there is need for better storage and marketing facilities for the...

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Cautionary tales -Rakesh Kalshian

-Down to Earth Jean Dreze argues that we should not leave the making of an equitable society to experts alone What does one make of the shameful statistic that over 200 million Indians still subsist below the poverty line? How does one square it with the equally obscene distinction that we have the world’s fourth largest number of billionaires, thus making India the second most unequal nation after Russia? Indeed, how...

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Ploughing a lonely furrow -Devinder Sharma

-DNA India is expected to bear the brunt of $160 billion trade-distorting farm subsidies provided by developed nations like the US At a time when angry farmer protests seeking an increase in the Minimum Support Price (MSP) for all crops is on an upswing, India faces an uphill task to protect its food procurement operations at the forthcoming Buenos Aires Ministerial of the World Trade Organisation (WTO) from December 10-13. At...

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