-The Hindu The government deserves congratulations for its firm stand at the WTO, which finds support in Rodrik's trilemma The Princeton don Dani Rodrik is one of the world's leading economists. He is a firm believer in and supporter of globalisation. However, he has also posed a famous "globalisation trilemma." A trilemma describes a situation where only two of three things can hold true at the same time. If any two out...

-Down to Earth IFAD president Nwanze says he was misquoted by media and only supported India's food security law Kanayo F Nwanze, president of the International Fund for Agricultural Development (IFAD), a specialised agency of the UN which finances agricultural development projects in developing nations, has reversed his earlier stand supporting India for opposing the WTO Trade Facilitation Agreement (TFA). India had vetoed TFA in Geneva over its food security concerns and need...

-The Indian Express For tomato, however, the difference jumped from 4 per cent on July 8 to 100 per cent on August 8. A month after the central government brought onions and potatoes under the Essential Commodities Act, 1955, and empowered states to put stockholding limits on these vegetables to rein in hoarders, the difference between their wholesale and retail prices has not reduced. And in the case of other kitchen staples such...

-The Telegraph New Delhi: Prime Minister Narendra Modi today accused the developed nations of a "disinformation campaign" to "isolate" India for refusing to toe their line at the World Trade Organisation, painting his government before a domestic political audience as a champion of the poor. Addressing a party meeting weeks before his US trip next month, Modi pitched the recent controversy at the global trade body as a battle between the haves...

-The Financial Express World Bank's latest data suggests realisation of millenium development goals may not be far off. Reduction of poverty and hence, how it is measured, has long been a contentious political economy issue in India. There is general discomfort every time the headcount ratio of the number of poor, based upon an accepted methodology recommended by an expert committee, declines; this then triggers a process to revisit known issues by...