-PTI/ The Hindu The points were part of the report of India’s seventh Trade Policy Review (TPR), which began on January 6 at the World Trade Organization India has implemented several measures to facilitate Trade, such as simplification of procedures and customs clearances for imports and exports, according to WTO. Geneva-based World Trade Organisation (WTO) said that the other Trade-facilitation initiatives introduced by India since 2015 include introduction of Indian Customs Electronic Gateway...
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WTO urges India to reduce tariffs -Asit Ranjan Mishra
-Livemint.com * Frequent policy changes create uncertainty, says report * India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1% India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using Trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest...
More »Is contract farming in India really worth it? -Mahesh Pandya and Falguni Joshi
-Down to Earth It is a novel idea; but in a country where the ruling class openly favours corporates, it could prove disastrous for farmers India’s agriculture sector makes a significant contribution to its Gross Domestic Product and provides livelihood for many millions of people. Agriculture is not only a means of Trade and a source of livelihood, but is fundamentally associated with our culture. Today though, farmers are distancing themselves from farming...
More »How Promising Is the Food Processing Industry for Indian Agriculture? -Seema Bathla and Siraj Hussain
-TheWire.in Due to cultural reasons, India has a relatively small market for processed foods, and a number of factors afflict the food processing industry. In the light of recent farmer protests, there have been apprehensions that corporates will develop a monopoly over agricultural markets, purchase large quantities of cereals at cheaper prices and sell processed products made from them at very high prices. These apprehensions do not seem very plausible in the near...
More »Reform for farmers needs to look at more than mere efficiency of agriculture markets -Nikhit Kumar Agrawal and Richa Kumar
-The Indian Express Considering the critical importance of agriculture for livelihoods, health, food security, and also keeping in mind the vulnerability of Indian farmers, it is necessary to go beyond reductionist expediency in considering agricultural reforms. In his speech on December 25, Prime Minister Narendra Modi said that the three controversial farm laws will finally deliver justice to the vast majority of small farmers who have been ignored by successive governments. As...
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