Concern over the domestic economy should not result in barriers on free trade, according to Union Minister of State for Commerce and Industry Jyotiraditya Scindia. While the country would benefit from opening itself up further to international competition, he promised that the interests of farmers and labour-intensive industries would be protected. In a discussion with journalists from The Hindu group on Wednesday, Mr. Scindia defended the Free Trade Agreement (FTA)...
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Beyond Borlaug by Barun Roy
What’s more important to a hungry child? Food now, or future environmental worries? I know I’m on sticky ground here, but it would be hypocritical not to ask the question when the world is mourning the death of one person who, literally, helped save millions in the developing world — in our part of it, especially — from hunger. In his lifetime, Norman Borlaug was hailed as the father of...
More »Milk dairies oppose import of skimmed powder, butter oil by Manas Dasgupta
To help farmers reeling under drought conditions AHMEDABAD: Cooperative milk dairies in Gujarat have submitted a joint memorandum to Prime Minister Manmohan Singh, requesting him to take immediate steps to discourage import of skimmed milk powder and butter oil and prevent Export of ingredients used for manufacturing cattle feed. Among measures they have suggested to achieve the same, are restoration of customs duty on import of milk powder to the...
More »Missed policy opportunity by Jayati Ghosh
Did we just miss a major opportunity? For short while, it seemed that the global financial crisis would focus minds on what is wrong with the current economic growth model and how we can go about changing it. Unfortunately, that moment seems to have passed, at least until the next crisis comes along (which, in current trends, will not be long, since all the major forces that led to the...
More »Kerala fights clock in ASEAN free-trade deal by Ranjit Devraj
Southern Kerala state is known for the lush expanses of cardamom, pepper, tea and rubber that grow on its misty hills, and the bountiful catches of fish on a coastline punctuated by lagoons and backwaters. But a cloud in the form of a a free trade deal with the Association of Southeast Asian Nations (ASEAN) bloc hovers over this picture of plenty. With the Indo-ASEAN Free Trade Agreement (FTA) now...
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