-The Economic Times NEW DELHI: The risk of losing room to raise the minimum support price for rice possibly prompted India's hard stand at the WTO in July, which led to the collapse of trade talks. The farm subsidy notification made by India at the WTO earlier this week shows that the subsidy to rice risks exceeding the WTO permissible limit. If there is no relief on the procurement issue, the government...
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India's farm subsidy well below WTO cap of 10%: Official
-PTI NEW DELHI: India's farm subsidies are well below the WTO's cap of 10 per cent and the developed world should move ahead with finding a permanent solution for stock piling of grains for food security purposes, an official said. According to a WTO filing, India has given a total farm subsidy of $56 billion, of which trade distorting subsidy amounts to only $13.8 billion for 23 commodities, including rice and wheat. Explaining...
More »Food security: South Africa backs India's stance at WTO
-IBNLive.in New Delhi: South Africa supports India's stance at WTO on public food stock holding issue as developing nations have responsibility to ensure that "those who are not able to feed themselves" are brought under the food security net, said South African High Commissioner to India FK Morule. "The developing countries which includes South Africa support India. We are developing countries. So, the majority of people in our countries are not able...
More »National food security gets lukewarm response from states -Sanjeeb Mukherjee & Vrishti Beniwal
-The Business Standard States drag feet on even extended deadline for implementation; with Centre also worried on fiscal deficit, extension likely The National Food Security Act (NFSA) is still getting a lukewarm response from a majority of states. An extended deadline for implementing the law will expire in about a month and the Centre would have to give more time. Barring the nine states and two Union Territories (UTs) which introduced a food...
More »Farmers against bringing onions under Essential Commodities Act -Dilip Kumar Jha
-The Business Standard Won't sow next season if Rs 15 MSP not declared and govt does not procure at market driven price, scarcity seen in 2015-16 Lasalgaon (Maharashtra): Arjun Kadam, a farmer here, has vowed not to sow the onion crop next season because of the government's frequent intervention to keep prices low, in many cases lower than the cost of production. Thousands of farmers such as Kadam have voiced concern over the...
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