Government may cut the import duty on rice, says official  Paddy and sugarcane production may be lower owing to the floods Agriculture Commissioners of affected States assessing the situation Crucial paddy, onion, sugarcane, and horticulture crops have been lost in the floods in Karnataka, Andhra Pradesh and Maharashtra, though the quantum of loss is being assessed. Paddy and edible oil crops have already been affected by the drought in the northern States,...

KOCHI: In a rare move, the Union government has launched an ‘Appeal to the People of Kerala’ advertisement campaign to counter the ‘false propaganda’ against the Indo-ASEAN free trade agreement (FTA). Rarely does the Centre come out with such State-specific advertisement campaigns to counter resistance to its policy, it is pointed out. The half-page ads in the newspapers, issued in ‘public interest’ by the Union Ministry of Commerce and Industry, is...

This is a statement sent in by V.R. Krishna Iyer, a former Judge of the Supreme Court, who is based in Kochi: Some of the provisions of the Free Trade Agreement (FTA) that India recently signed with the Association of South East Asian Nations (ASEAN) will weaken India’s, and specifically Kerala’s, rubber sector because Malaysia and a few other countries that are a part of the ASEAN will flood the...

The spectre of inflation has returned to haunt India. It is not even six months since the United Progressive Alliance (UPA) government returned to power but its inability to control food prices is arguably its single biggest failure till now. The inflation rate will eventually come down sometime in the (hopefully) not-too-distant future and the government will surely take credit for bringing prices down as and when that happens. But...

Concern over the domestic economy should not result in barriers on free trade, according to Union Minister of State for Commerce and Industry Jyotiraditya Scindia. While the country would benefit from opening itself up further to international competition, he promised that the interests of farmers and labour-intensive industries would be protected. In a discussion with journalists from The Hindu group on Wednesday, Mr. Scindia defended the Free Trade Agreement (FTA)...