-The Economic Times NAIROBI: In a major setback to India, the first draft of the WTO's committee on agriculture is silent on the two issues that the country has been pitching for- a permanent solution for food security concerns and a special safeguard mechanism (SSM) to protect from sudden surges in imports. The draft has dismissed the SSM issue in a few lines and linked it with the broader context of agricultural...
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EU asks for cap on PDS spending in return for food security deal -D Ravi Kanth
-Livemint.com Brussels suggested more burdensome, stringent conditions for the permanent solution than what were agreed as part of interim solution in the 2013 Bali summit Geneva: The European Union (EU) has insisted that India must accept a financial cap on market price support programmes if New Delhi wants a permanent solution for the public stockholding programmes for food security at the Nairobi meeting of the World Trade Organization next week, according...
More »WTO skips India on food security
-The Times of India NEW DELHI: The World Trade Organization's (WTO's) draft declaration for next month's ministerial meeting in Nairobi made no mention of finding a permanent solution to India's concerns on food security, but promised to "address all aspects of agriculture reform as a matter of priority". The first draft for the meeting in mid-December, however, did take note of the failure of the WTO membership to reach an agreement on...
More »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...
More »The pulse of the matter -Amit Mohan Prasad
-The Indian Express Farmers tend to lose out irrespective of whether crop prices go up or down. Government needs to rectify this. The price of tur/ arhar dal had recently skyrocketed to Rs 200 per kg and the consumer as well as the government were at their wits’ end. Not very long ago, high onion prices were making everyone shed copious tears. In both the cases, there was profit maximisation by...
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