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Why a national agri market is needed -Hema Yadav and Shalendra

-The Hindu Business Line It has potential to curb inflation and ensure competitive prices to growers The agricultural marketing system in the country has come a long way since Independence. It has moved through various stages such as regulations and reforms. Now, the time has come to establish a barrier-free market operating beyond State boundaries. A National Agricultural Market with potential to curtail inflation and ensure competitive prices to producers has also been...

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China, Cuba back India for food procurement subsidies at WTO -Amiti Sen

-The Hindu Business Line China, Cuba also support India India, China and Cuba have joined hands at the World Trade Organization (WTO) to demand inclusion of subsidies for food procurement and food-aid programmes in the list of permissible incentives. New Delhi has refused to give its consent to a trade facilitation protocol being pushed by several developed WTO members, such as the US, Australia and the EU, till there is a permanent solution...

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High rice prices lead to reduced consumption: Survey

-PTI New Delhi: Rising prices of rice in the open market prompted households to reduce consumption and rely on ration shops to buy it at controlled rate, shows a government survey. According to the NSSO survey, Indian families consumed less rice in 2011-12 but their purchases of the commodity under Public Distribution System (PDS) doubled in villages and rose by 66 percent in cities. The monthly per capita rice consumption in villages was...

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India threatens to go back on WTO promises -Asit Ranjan Mishra

-Live Mint India is concerned that the ministerial decision on public stockholding for food security purposes is getting sidelined New Delhi: India has told the World Trade Organization (WTO) that it will not ratify the trade facilitation (TF) agreement for faster and more efficient customs procedures because there has been no progress on finding a permanent solution to the important issue of food subsidy caps, prompting developed nations to accuse India of...

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PDS rice and wheat consumption has doubled in rural India: NSSO -Jitendra

-Down to Earth Reforms in public distribution system and increase in number of people covered by it could be the reasons, say experts The latest data released by the government on household consumption patterns shows a decline in rice consumption and increase in consumption of wheat since 2004. In the meantime, consumption of rice and wheat made available through the public distribution system (PDS) has increased significantly, according to the survey report...

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