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Why do India and US disagree on farm subsidies? -Dipti Jain

-Livemint.com Roots of disagreement lie in how farm support is calculated under WTO, with US blaming India for under-reporting subsidy given for wheat and rice Bengaluru: Farm subsidies seem to have become a major flashpoint in the escalating Global Trade war. In May, India came under attack from the US for its minimum support price (MSP) policy for foodgrain. India hit back, along with China, to demand that developed nations give up...

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Does India's New Series GDP Data Overestimate Manufacturing Output?

-TheWire.in The new series GDP data has been mostly replaced with corporate financial data for estimating manufacturing value-added, resulting in manufacturing assuming a higher share in India’s GDP and growing at a faster rate compared to the older series. New Delhi: Does the new method by which India calculates GDP (gross domestic product) data overestimate manufacturing output? This apprehension has been flagged by a key member of the Reserve Bank of India’s...

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Ending TB -Jayalakshmi Shreedhar & Anupama Srinivasan

-The Hindu The disease cannot be eliminated without universal access to affordable, quality diagnostics and drugs After decades spent battling the scourge of tuberculosis (TB) in developing countries, 2018 might be the year that it is finally accorded the gravitas it deserves. On September 26, the UN General Assembly will, for the first time, address TB in a High-Level Meeting and likely release a Political Declaration, endorsed by all member nations, to...

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GDP under Modi govt higher than UPA's last four years: Niti Aayog VC

-The Times of India NEW DELHI: Niti Aayog vice-chairman Rajiv Kumar said on Saturday that the GDP growth rate under four years of the Modi government is still higher than the growth rate of last four years of UPA. In a series of tweets, Kumar said, "Growth rate under four years of Modi Government is still higher than the growth rate of last four years of UPA. This is being managed despite...

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US 'bullying' against cheap TB drugs -GS Mudur

-The Telegraph New Delhi: Countries negotiating a global declaration on tuberculosis are under pressure to give up their rights to use existing provisions in world trade laws to provide affordable second-line and new anti-TB drugs to their populations, an international humanitarian agency said on Friday. Medecins Sans Frontieres said the US was "exerting extreme pressure" on other negotiators by refusing to sign the declaration if it retained text that "recognises the importance...

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