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One world of climate and trade-Sunita Narain

-The Business Standard India has emerged as a "voice" in climate change and trade negotiations. The already industrialised countries say that India is obstinate, strident and unnecessarily obstructionist in crucial global debates. The problem is not that India is loud - this it needs to be. The fact is that, while ecological and economic globalisation are interlinked and irrevocable, there is a fundamental weakness in the overall rules that govern these...

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WTO seals historic trade deal in Bali as India stands by its poor

-The Hindustan Times Bali: After five days of hard negotiations, the world trade organisation (WTO) on Saturday reached a historic deal designed to ease movement of goods across countries and allow developing nations more options to feed their poor - as India successfully lobbied in favour of state-funded welfare schemes. "For the first time in our history, the WTO has truly delivered," WTO director-general Roberto Azevedo broke down while announcing the deal...

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India's tough stand at WTO conference can ensure food for all

-The Hindustan Times One man's fixation with rules can be another man's lifeline. Many international trade negotiators argue in favour of shooting down subsidies because it ‘distorts' trade. But the simple fact is that in a more-than-a-billion strong nation, in which nearly one in every three lives at subsistence level, one needs an effective and efficient method through which privileged tax payers can support the poor. India has rejected a proposal at the...

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Anand Sharma, Commerce and Industry Minister interviewed by The Business Standard

-The Business Standard India remained firm on its stance as World Trade Organization (WTO) negotiations reached the third day in Bali. As Commerce and Industry Minister Anand Sharma ruled out any possibility of a compromise, whispers were already being heard of a possible collapse of the talks. Edited excerpts from the minister's press conference, which invited admiration as well as sharp criticism: * India has exceeded the de minimis requirements of the...

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Grain glut -Jyotika Sood

-Down to Earth India faces a surplus of foodgrains. Is exporting a good option? With India's grain mountain set to implode, the government is desperate to push the exports of rice and wheat. However, a global glut and the resulting depression of prices are dimming the prospects of foodgrain exports. According to the Food Corporation of India (FCI), the nodal agency for grain trade in the country, India is sitting on 34 million...

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