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FoodMin asks states to open more grain procurement centres

-The Business Standard To kick-start the ambitious National Food Security Act, the food ministry has urged all state governments to open more foodgrain purchasing centres, as the Act will require about 10 million tonnes of more wheat and rice than the average procurement of last five years. According to an official statement, a meeting of state food secretaries has also been called in the second week of February by the Centre to...

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WTO has a point in objecting to India’s food security act -Ashok Kotwal, Milind Murugkar and Bharat Ramaswami

-The Hindustan Times Misunderstandings about the World Trade Organization (WTO) are pervasive. The media coverage of the recent WTO meetings at Bali has added to the confusion. The bone of contention was the government procurement of the food grains in India under the National Food Security Act. The final outcome is a stopgap arrangement that has bought the Indian government some time; most importantly, it does not have to undertake any...

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Back to cereals

-The Business Standard The only way to fix food inflation Both the inflation figures for November and current market reports indicate that the contours of food inflation have changed tangibly of late. While the prices of pulses, edible oils and sugar have tended to either moderate or decline, those of staple cereals, notably rice and wheat, and of perishable items, chiefly vegetables and fruits, continue to propel food inflation higher. The blame...

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India’s fiction of victory at Bali - Biraj Patnaik

-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...

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Why beg at Bali? -Uttam Gupta

-The Indian Express India faces no risk of violating its commitments under WTO The Indian delegation, led by commerce minister Anand Sharma, is approaching the WTO Ministerial in Bali with a ‘begging bowl'. The government has agreed to the so-called ‘peace clause'-a euphemism for not taking any penal action for violating commitments under Agreement on Agriculture (AoA)-proposed by WTO Director General but with the caveat that this will remain in place until...

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