-The Indian Express Barely days ahead of WTO's ministerial meeting at Bali next week, the BJP on Wednesday red flagged government's likely move to agree to a 'peace clause' to shield food guarantee law from the restrictions under the WTO at least for a period of four years. "The peace clause in its current form is not in our interest," Leader of Opposition in Rajya Sabha Arun Jaitley said on Wednesday....
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Farmers protest ‘peace clause’ on food subsidy
-The Times of India NEW DELHI: Even as commerce and industry minister Anand Sharma sought to push an interim solution or a "peace clause" that will prevent WTO members from seeking penalties from countries such as India for breach of subsidy cap, the Opposition parties and farmer groups have asked the government to reject the solution, arguing that it is not in the country's interests. At next week's Bali ministerial meeting,...
More »With the PDS gambit, Raman Singh hopes to checkmate Congress-Gargi Parsai
-The Hindu BJP Chief Minister Raman Singh is the face of the reformed public distribution system in Chhattisgarh and indeed, he is still banking on it for a third consecutive term despite the anti-incumbency factor against several MLAs and a few ministers in his council. In his recent vikas yatra, he showcased development and focussed on the path-breaking Public Distribution System (PDS) reforms that were dovetailed into the Chhattisgarh Food Security Act...
More »$15 bn rollover of subsidy costs into next budget?
-Reuters The finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of the Lok Sabha, ministry officials say. Finance minister, P Chidambaram, insists that the fiscal deficit target of 4.8% of GDP for the year to March 31, 2014, is a red line that will...
More »A pound of flesh to feed the poor-Arun Mohan Sukumar
-The Hindu Realising that New Delhi needs to clear its food security legislation at the WTO in time for the election, the West has sought increased market access in return for temporary relief A few months ago, the most optimistic observers of international politics were not willing to hedge their bets on the Doha Development Round at the World Trade Organisation. The Doha Round negotiations have been stalled for more than a...
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