-Business Standard Environment ministry also plans to cut the two-stage mandatory clearances under the Environment Protection Act to a single stage, shaving six months from the process   The central government is working to substantially cut red tape at the environment ministry by doing away with multiple applications for all the green clearances that a project developer requires. A single comprehensive application would soon replace the existing multiple-window system. The environment ministry also plans...

-The Indian Express Last week, India and the US reached an understanding on working out a "permanent solution" to the issue of public stockholding for food security purposes at the World Trade Organisation (WTO). The deal is seen as a breakthrough, ending the impasse that had stalled the implementation of a landmark Trade Facilitation Agreement (TFA) hammered out at the WTO's ministerial conference in Bali last December. * What is this deal...

-The Hindu Business Line Question use of US dollar to notify subsidies, low-income/resource-poor tag for all farmers India has yet another fight on its hands at the World Trade Organization (WTO) over food subsidies. Many developed nations are now questioning the agriculture subsidies notified by India, charging that the country may have under-stated the actual figures. India's decision to notify the subsidies in US dollars rather than the rupee is particularly under the...

-The New Indian Express BENGALURU: The Narendra Modi government, which has recently cut the funds to the state for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), has now LIMited the scheme to cover just 69 most backward taluks. According to an official source, the Union Ministry of Rural Development has sent a communication to the state government asking it to focus on the most backward taluks, instead of all...

-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...