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WTO standoff: India may lose 'Peace Clause' if Bali pack fails -Nayanima Basu

-The Business Standard In its effort to safeguard the rights of its poor by blocking the World Trade Organization's (WTO's) trade facilitation agreement (TFA), India might lose out on securing a deal on Food Security, including the much-needed 'Peace Clause' agreed on during WTO's Ninth Ministerial meeting in Bali, Indonesia. WTO members have threatened that if the so-called Bali package gets derailed, every single issue that was negotiated and on which a...

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Number 135

-The Indian Express India's ranking on human development is a reminder that the state is shrinking where it must not. India has improved, but only just, on the human development index, the United Nations' composite measure for overall well-being that takes into account life expectancy, income and education. According to the UN Human Development Report 2014 released this week, India ranks 135 on a list of 186 countries. It has become...

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Land Ahoy!

-Tehelka Bureau Though well-meaning, the new Land Acquisition Act is far from being a perfect legislation. But the urgency to amend a law even before a real field test signals a larger agenda. By all counts, this was expected. Long before he became the BJP and subsequently the nation's chosen one, Narendra Modi had made it clear that his model of development gains from the ease of doing business. Then, days ahead...

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India threatens to derail WTO deal, puts Food Security rider; US angry

-The Hindustan Times Geneva/ New Delhi: India told the World Trade Organisation on Friday it will only back a worldwide reform of customs rules - the so-called trade facilitation agreement (TFA) - if its demands on rules for government-driven food procurement and welfare schemes are implemented in the same timeframe. "India is of the view that the TFA must be implemented only as part of a single undertaking including the permanent solution...

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India firm on food subsidies at WTO, trade deal at risk

-The Times of India NEW DELHI: The government on Friday refused to yield to pressure from developed countries to accept easier customs rules without its food subsidy concerns being addressed, putting at risk a likely deal at the World Trade Organization (WTO). Developed countries have stepped up the pressure on India saying failure to strike a deal on trade facilitation would stall global trade reforms and deal a massive blow to the...

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