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Explained: Understanding the permanent solution at WTO -Harish Damodaran

-The Indian Express Last week, India and the US reached an understanding on working out a "permanent solution" to the issue of public stockholding for food security purposes at the World Trade Organisation (WTO). The deal is seen as a breakthrough, ending the impasse that had stalled the implementation of a landmark Trade Facilitation Agreement (TFA) hammered out at the WTO's ministerial conference in Bali last December. * What is this deal...

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WTO talks set for revival as India nears deal with US, EU -Sidhartha & Surojit Gupta

-The Times of India NEW DELHI: After being in deep freeze for over three months, a global trade deal is finally in sight with the US and the European Union showing signs of accepting India's demand for providing flexibility to developing countries in fixing minimum support price for farm products. In return, India will sign the stalled international treaty on easier customs rules once an agreement on the contentious food security...

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Farm distress looms as global crop prices crash after 10-year bull run -Harish Damodaran

-The Indian Express For the last 10 years, farmers in India benefited from both increased production and higher price realisations - leading to rising rural incomes and declining poverty rates. That happy story may now be near its end - which could be the precursor to a renewed crisis in agriculture. The main reason is declining global prices for most agri-commodities (see Table 1). Over the last five-six months, corn, wheat and...

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Civil society questions Modi about Indo-US joint IP working group -Jitendra

-Down to Earth Letter to Modi says Indian government should be wary of higher IP standards that are typically demanded by the US administration and its trade negotiators in bilateral negotiations People's organisations have urged Prime Minister Narendra Modi to make public the specific purpose of the Indo-US joint working group on Intellectual Property (IP) and pursue inclusive public consultations approach for the formulation of country's IP policy. The demand follows Modi's...

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Potato farming: India makes a hash of it -Sandip Sen

-The Hindu Business Line Output data is unreliable, which leaves us unprepared for shortages. And, farming practices are primitive The price of potatoes is once again moving up, largely due to the demand-supply gap in the market-place. The National Agricultural Cooperative Marketing Federation of India (Nafed) that was asked by the Ministry of Civil Supplies to explore the possibility of importing potatoes from Russia, China and Egypt, procured 3,500 tonnes of potatoes...

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