-Business Standard Commerce Minister Nirmala Sitharaman says India's proposals will be now reviewed by the WTO General Council Washington: India has reached an agreement with the United States on public stockpiling of food, trade minister Nirmala Sithamaran said on Thursday, paving the way for the implementation of a global trade facilitation deal that has been stalled for months. Under the pact with Washington, India will lift a veto on a global agreement on...
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Over 5,000 Anganwadi schools in Gujarat lack toilets: CAG
-CNN-IBN Gandhinagar (Gujarat): A report of the Comptroller and Auditor General of India, tabled before the Gujarat Assembly on Tuesday, notes that more than 5,000 Anganwadi centers in the state did not have toilets as of the last year. The BJP government tabled the audit report on local bodies for the year ended on March 2013 on Tuesday, the last day of the legislature's session. The performance audit of 'total sanitation campaign'...
More »President okays Rajasthan labour reforms: Firms with 300 workers need no govt nod to sack -Somesh Jha
-Business Standard State expects more investment as industry cheers move Paving the way for the first set of labour reforms in the country, President Pranab Mukherjee has given his assent to Rajasthan's amendments to three laws. Among major changes, the Industrial Disputes Act will allow companies employing up to 300 staffers to lay off workers or close down without taking the government's prior approval. Earlier, those with up to 100 employees...
More »Govt. LPG subsidy capped at Rs. 20 a kg -Puja Mehra
-The Hindu The Union government has also decided to resume providing subsidy on cooking gas through direct cash transfers straight into consumers' bank accounts. The Modi government has frozen the budget subsidy for cooking gas at Rs. 20 a kg. This will not mean any increase in price for the consumer right away. However, if international prices were to rise, as they normally do in winter, then the government will be faced with...
More »Your food is not cheaper yet, but wait a while -Harish Damodaran
-The Indian Express * Have global agri-commodity prices fallen? By how much? They have. The Food and Agricultural Organisation's latest Food Price Index (base: 2002-04 = 100) of 192.3 for October is down 6.9 per cent compared to a year ago, and 19.1% below the all-time high of 237.7 reached in February 2011. Prices of commodities such as corn, wheat, soybean, sugar and palm oil traded in international futures exchanges are today...
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