-The Hindustan Times Bali: After five days of hard negotiations, the World Trade Organisation (WTO) on Saturday reached a historic deal designed to ease movement of goods across countries and allow developing nations more options to feed their poor - as India successfully lobbied in favour of state-funded welfare schemes. "For the first time in our history, the WTO has truly delivered," WTO director-general Roberto Azevedo broke down while announcing the deal...
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India's tough stand at WTO conference can ensure food for all
-The Hindustan Times One man's fixation with rules can be another man's lifeline. Many international trade negotiators argue in favour of shooting down subsidies because it ‘distorts' trade. But the simple fact is that in a more-than-a-billion strong nation, in which nearly one in every three lives at subsistence level, one needs an effective and efficient method through which privileged tax payers can support the poor. India has rejected a proposal at the...
More »Delhi assembly polls: parties talk big but keep women out; rich candidates in abundance
-The Hindustan Times New Delhi: Campaigning for the December 4 assembly elections in Delhi ended on Monday with around 25 rallies and road shows being organised in the capital. The public engagement programmers included those by BJP prime ministerial candidate Narendra Modi, Delhi chief minister Sheila Dikshit and Aam Aadmi Party leader Arvind Kejriwal. While the national capital was plastered with posters promising safety to women and the issue figures big in party...
More »'Slowing economy has 1 in every 4 Indian in distress'
-The Hindustan Times More Indians are feeling the gloom of a faltering economy, a global poll has suggested, with as many as one in every four rating their lives poorly enough to be classified as ‘suffering'. "Suffering" has more than doubled in recent years as Indians begin to have a grim outlook on the future as well, according to US-based research firm Gallup's report. The firm interviewed 5,000 adult Indians in...
More »UP sugar mills run 'ponzi scheme' to pay farmers' dues -Anil Sasi
-The Indian Express On the surface, the sugar crisis in Uttar Pradesh may seem to be inching closer to a resolution. But cane farmers may have unwittingly mortgaged their land, signing up for crop loans from public sector banks, with the money so raised being used by the mills to pay arrears of a different set of farmers. This model, of mills rotating working capital loans from banks, to deliver pending payouts...
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