-PTI New Delhi: After the recent failure of WTO talks, India on Wednesday hoped that by September it will convince the multi-lateral trading body about the need for developing nations to give subsidies on food stocks so that it is relieved of the "draconian sword". Commerce Minister Nirmala Sitaraman told Rajya Sabha that the tough position adopted by India and the recent talks in Geneva had been supported by many least developed...
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Confusion galore on India and WTO -Pradeep S Mehta
-Live Mint India's principled stand seeking parallel progress on trade facilitation and food security agreements at the WTO is a right step While food security is a matter of national sovereignty (Mint Edit, 22 July), let us not confuse it with trade negotiations, as many are indulging in. Secondly, the World Trade Organization (WTO) issue is on production subsidies and not consumption subsidies, so it does not affect our poor consumers. India's...
More »Why we still need the APMC laws -Madan Sabnavis
-The Business Standard States need to create alternative marketing structures for farm produce since middlemen also provide vital services that are otherwise unavailable to the farmer One of the issues often raised in the context of high food inflation is the pressing need to change the Agricultural Produce Market Committees (APMC), the marketing boards established by state governments. The earlier United Progressive Alliance government had asked the Congress-ruled states to remove fruit...
More »Food for thought: No roadmap for cold chains in this budget -Kunal Bose
-The Hindustan Times Wastage of all kinds of food during farm-to-fork journey and also because of mindless indulgences by people with dispensable income whenever they visit supermarkets remains a global curse. It is known that over one-third of India's fruit and vegetables valued at over Rs. 13,000 crore is wasted annually in the absence of adequate refrigerated storage infrastructure and logistics deficiencies. The other villain is the anachronistic distribution system, favouring middlemen...
More »MGNREGA wages should not be less than minimum wage of a state: expert panel -Jitendra
-Down to Earth Panel headed by economists S Mahendra Dev also recommends linking wages to consumer Price Index-Rural as cushion against inflation A committee of experts set up by the Union rural development ministry has recommended that the wages paid to unskilled agricultural labourers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) should be the minimum wage fixed by the respective state or the current wage as per the consumer...
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