-Livemint.com Brussels suggested more burdensome, stringent conditions for the permanent solution than what were agreed as part of interim solution in the 2013 Bali summit Geneva: The European Union (EU) has insisted that India must accept a financial cap on market price support programmes if New Delhi wants a permanent solution for the public stockholding programmes for food security at the Nairobi meeting of the World Trade Organization next week, according...
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Green revolution needs urgent mending -Sanjeeb Mukherjee
-Business Standard Indian farming was transformed after the mid-60s, on a wave of new agri technology and allied changes, but the costs of this model can no longer be ignored or its addressing be postponed It was around the mid-1960s when the Paddock brothers, the ‘prophets of doom’, predicted that in another decade, recurring famines and an acute shortage of foodgrain would push India towards disaster. Their prophecy was based on a...
More »To subsidise or not: All you need to know about food security -B Sundaresan
-Hindustan Times Commerce minister Nirmala Sitharaman has said that the WTO will have to give a permanent solution to India’s food security issue. HT explains. * What has WTO got to do with food security? The World Trade Organisation was established in 1995 to facilitate trade among members, who now number at 161. The WTO facilitates trade through rounds of negotiations — there have been nine rounds till now, the latest being the...
More »The pulse of the matter -Amit Mohan Prasad
-The Indian Express Farmers tend to lose out irrespective of whether crop prices go up or down. Government needs to rectify this. The price of tur/ arhar dal had recently skyrocketed to Rs 200 per kg and the consumer as well as the government were at their wits’ end. Not very long ago, high onion prices were making everyone shed copious tears. In both the cases, there was profit maximisation by...
More »Ramesh Chand, Member, NITI Aayog speaks to Richa Mishra and Surabhi
-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...
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