-The Financial Express There has been an ongoing debate over India’s stand at the WTO Ministerial Conference on the issue of public stockholding for food security purposes, including in this newspaper. There have been strong arguments on whether India’s stand is correct in the context of the subsidy phase out, in various sectors that the Modi government has been following over the past couple of years. But when this issue is...
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Wheat sowing lower by 6% from last year, shows agriculture ministry's data -Sayantan Bera
-Livemint.com Wheat sowing is lagging behind last year’s numbers despite a hike in support prices and doubling of import duties to encourage domestic growers New Delhi: Area planted under wheat, the main winter crop, is 6% lower than the year before, showed data on progress of Rabi sowing released by the agriculture ministry on Friday. According to the ministry, wheat has so far been planted in 19 million hectares, compared to the 20.4...
More »FRDI Bill: Understanding the basis of bail-in, and depositors' fear -Shaji Vikraman
-The Indian Express As the government tries to allay swirling apprehensions, The Indian Express explains the background, aims and rationale of the proposed new FRDI law. Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Parliament this August, have given rise to concerns over protection for bank deposits in the proposed law. An online petition against the Bill — “Do not...
More »Contradictory positions can hurt India's prospects at the next WTO ministerial -Roshan Kishore
-Hindustan Times India should Lead the charge for demanding a better deal on agricultural issues to counter rising protectionist tendencies in the West The 11th Ministerial Conference (henceforth ministerial) of the World Trade Organisation (WTO) begins on December 10 in Buenos Aires. Commerce minister Suresh Prabhu has downplayed the need for a permanent solution on public stockholding for food security as a peace clause already exists. He has even termed the demand...
More »India on the verge of a looming soil crisis, say experts -M Somasekhar
-The Hindu Business Line The declining response ratios due to excess spraying of fertilisers, which Leads to wasteful expenditure on fertiliser subsidy, only Leads to loss of key national resources Hyderabad: India is on the verge of a looming soil crisis which can potentially impact its agriculture in the near future, says a report. A third of the total 350 million hectares has already turned problematic. Soil is turning either acidic, saline, sodic...
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