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India's farm subsidy well below WTO cap of 10%: Official

-PTI NEW DELHI: India's farm subsidies are well below the WTO's cap of 10 per cent and the developed world should move ahead with finding a permanent solution for stock piling of grains for food security purposes, an official said. According to a WTO filing, India has given a total farm subsidy of $56 billion, of which trade distorting subsidy amounts to only $13.8 billion for 23 commodities, including rice and wheat. Explaining...

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Rice subsidy legroom may be the reason behind India's hard stand at World Trade Organisation -Dilasha Seth

-The Economic Times NEW DELHI: The risk of losing room to raise the minimum support price for rice possibly prompted India's hard stand at the WTO in July, which led to the collapse of trade talks. The farm subsidy notification made by India at the WTO earlier this week shows that the subsidy to rice risks exceeding the WTO permissible limit. If there is no relief on the procurement issue, the government...

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Poor marks for transparency -Anjali Bhardwaj

-The Indian Express For a government that won office on the plank of fighting corruption and promising ‘‘achhe din'' to citizens disgruntled by poor service delivery, one would have thought putting in place an effective anti-corruption and grievance redressal framework would be a top priority. However, after 100 days of being in power, the Modi sarkar's report card on transparency and accountability disappoints. It is well established that openness in government functioning...

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Insurance can be bad for health -Monica Das Gupta and VR Muraleedharan

-The Indian Express International experience points to the dangers in moving towards a system of health insurance coverage. Improving government services is the answer. Last month, Union Health Minister Harsh Vardhan offered a glimpse into the new government's universal health assurance scheme, of which insurance will be an important component. Health insurance is also part of the Pradhan Mantri Jan Dhan Yojana, the NDA government's financial inclusion programme. But international experience does...

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Centre steps in to monitor food availability -Soma Basu

-Down to Earth Floods destroy standing crops; in July, hailstorm had damaged farms and orchards As floods washed away belongings of flood-affected people of Jammu and Kashmir, the Centre has intervened to ensure food availability to them. Union food and public distribution minister, Ram Vilas Paswan, has directed senior officials of Food Corporation of India (FCI) to camp at Srinagar and closely monitor the availability of food grains in the affected areas...

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