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India firm on food subsidies at WTO, trade deal at risk

-The Times of India NEW DELHI: The government on Friday refused to yield to pressure from developed countries to accept easier customs rules without its food subsidy concerns being addressed, putting at risk a likely deal at the World Trade Organization (WTO). Developed countries have stepped up the pressure on India saying failure to strike a deal on trade facilitation would stall global trade reforms and deal a massive blow to the...

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Corruption in Indian Medicine Or ‘Overenthusiasm of the Marketing Department -Sanjay Nagral

-Economic and Political Weekly Corruption in Indian medicine is back on the front pages. One would think that there has been an abrupt spurt in corrupt practices or a major scandal. Nothing of that sort has happened. However, there have been some interesting developments for the focus to shift back to what is really a very old affliction. This is an update on recent happenings as the entrepreneurial spirit of the...

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India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak

-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...

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Forest cover has increased despite some setbacks -Meena Menon

-The Hindu Country still has large swathes of contiguous forests accounting for 40% of the forest cover There has been an increase of 5,871 sq km of the country's forest area since 2011, even as moderately dense forest areas have depleted due to population increase, grazing and encroachments, says the biennial "India State of Forest Report 2013," which was released on Tuesday. Union Minister of State for Environment and Forests Prakash Javadekar, who...

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The pressure builds on rice -G Chandrashekhar

-The Hindu Business Line   As Indian consumption rises, the cereal available for exports may shrink For millennia, rice has been an integral part of the cuisine across Asian nations. China (140 million tonnes) and India (105 million tonnes) are two of the world's largest producers of rice followed at a distance by Bangladesh, Indonesia, Vietnam, Thailand, the Philippines and Pakistan. Major exporters include Thailand, India, Vietnam and Pakistan while major importers include...

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