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WTO Talks Inconclusive, Discussion to Continue

-Outlook Geneva: With India sticking to its tough stand, efforts to break the impasse in the WTO on trade facilitation agreement and food security issues today proved futile and further consultations will continue over the week. The General Council of the World Trade Organisation (WTO), which met after a gap of over two months, could not make much headway. "I will be holding a series of meetings in a range of different configurations....

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Of Millstones, Milestones & Millionaires -P Sainath and Ananya Mukherjee

-GRIST Media If hard work and enterprise inevitably made you prosperous, every rural woman would be a millionaire. These women have borne the brunt of the radical, often brutal transformation of rural India these past two decades. Our writers examine the hardships they continue to face as well as their remarkable vision to solve some of the greatest problems of our times such as food security, environmental justice and developing a...

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India to stick to food security stand at WTO panel meet

-The Business Standard In July, India had clarified it wouldn't ratify a trade facilitation agreement until a permanent solution on food security was arrived at A day before the World Trade Organization (WTO)'s trade negotiations committee meets in Geneva, India on Wednesday said during the negotiations, it would stick to its stand on food security. Speaking to reporters here, Commerce & Industry Minister Nirmala Sitharaman said, "Our position remains intact...we will underline the...

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Good harvests, abundant inventory continue to drive international food prices down – UN

-United Nations Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of the biannual Food Outlook report released today by the United Nations Food and Agriculture Organization (FAO). According to a statement released by the Rome-based FAO, bumper harvests and abundant stockpiles are key factors helping drive down international food prices. World wheat production in 2014...

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Punjab to procure, distribute grains under food law -Sanjeeb Mukherjee

-The Business Standard In a move that could lessen the Centre's foodgrain procurement burden, it has allowed the Punjab government to purchase and distribute grains in advance to beneficiaries of the National Food Security Act (NFSA) for the next few months. As a result, 800,000-900,000 tonnes, mostly wheat, will not come to the Centre's pool for a while. Punjab is one of the main wheat and rice producers in the country. It had...

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