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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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India seeks more time for trade deal -Dilasha Seth

-The Economic Times NEW DELHI: India is likely to push for an extension of the July 31 deadline for signing of trade facilitation protocol to get its food security concerns addressed in the meantime. The Union Cabinet led by Prime Minister Narendra Modi will take the final call on India's stand on the Bali package on Thursday. India has said that it will not sign the protocol of the trade facilitation...

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CCEA okays sale of 10 mn tonne of wheat in open market

-PTI Move expected to boost domestic supply, check prices The government today approved sale of 10 million tonne of wheat from FCI stock in the open market in order to boost domestic supply and check prices. A decision in this regard was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi. "The CCEA has cleared sale of about 10 million tonne of wheat via the...

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Dismantling food inflation -Indira Rajaraman

-The Business Standard Of all the measures in the final Union Budget and Rail Budget for 2014-15, the micro-interventions that address food inflation by dismantling supply-side barriers are the most important. They carry added significance in a year when the monsoon has been deficient in a wide swathe of the western and northern parts of the country. The promise to bring down the hold of wholesale warlords in the Agricultural Produce Marketing...

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Aadhaar must for Rs 1 kg rice

-The Hans India * Telengana govt stops food grain supply to white card holders without Aadhaar * Civil supplies dept says it is an attempt to weed out bogus ration cards * There are more ration cards than the number of households * State will save Rs 500 cr if bogus cards are weeded out Hyderabad: The Telangana government has stopped the supply of food grains to white card holders who...

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