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The need to measure poverty -C Rangarajan

-The Hindu Policymakers must continue to follow the twofold strategy of letting the economy grow fast and attacking poverty directly through poverty alleviation programmes In June 2012, the government of India appointed a committee to take a new look at the methodology for measuring poverty. The committee submitted its report towards the end of June 2014. The purpose of this article is to briefly explain the approach taken by this committee. Growth is...

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WTO, not the Third World, has to answer on food security -Roshan Kishore

-Live Mint India's stand at WTO should be seen in the context of the persistent discrimination against Third World countries by advanced countries In the ongoing debate about agriculture and food security, India has been accused of having acted in a dogmatic manner for refusing to ratify the trade facilitation agreement unless its food security concerns are addressed in the World Trade Organization (WTO). However, this issue and India's stand have to...

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India's tough stand on WTO gets support from UN body IFAD

-PTI India is asking for a change in the base year (1986-88) for calculating the food subsidies Supporting India's tough stand at WTO on the food security issue, UN body for development of agriculture IFAD today said ensuring food for its people is more important than creating jobs in certain other nations. "Creating jobs for some other country, while people are still hungry, doesn't make sense... If I was in the position of...

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India stays firm on food subsidy, blocks WTO deal -Sidhartha

-The Times of India NEW DELHI: India's domestic compulsions and the danger of breaching the subsidy cap for wheat and rice forced the government to thwart attempts by other World Trade Organization members to push through a new set of customs rules without addressing its concerns. The subsidy data, due to be released by the government over the next few weeks, will reveal that the subsidy on rice was over 9% of...

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Rural votes, old traumas drive India's WTO brinkmanship

-Reuters NEW DELHI: With grain silos spilling over, exports on the rise and an avowed market champion for prime minister, India's threat to trash a global trade deal in the name of food security appears puzzling. But government officials say Prime Minister Narendra Modi is prepared to brazen out global outrage to seize a historic chance to build a rural power base with his defence of farm subsidies and to banish memories...

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