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The looming spectre of rural distress -Vatsala Kamat

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

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More bad news for farmers -Ravi Ananthanarayanan

-Livemint.com The World Food Price Index in August fell to its lowest level since May 2009 Indian farmers are not going to like this. The World Food Price Index, compiled by the United Nations’ Food and Agriculture Organization, in August fell 5.2% to 155.7 points from the previous month. That’s the lowest level since May 2009. The fall comes in the backdrop of an all-round decline in commodity prices. The cereal price index...

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Destruction of US credibility at WTO -Timothy A Wise and Biraj Patnaik

-Livemint.com It is hypocritical of the US to give price support to its farmers while denying it to the world’s poorest farmers The tenth ministerial conference of the World Trade Organization (WTO), to be held in Nairobi on 15-18 December, is already mired in discord, with negotiators unable to agree on a mandated post-Bali work programme. At issue are US and European Union (EU) proposals to scrap the texts agreed to thus...

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The digital voices of NGOs -Osama Manzar

-Livemint.com The inclusion of digital tools in the lives of NGOs will not only make them a mass producer of digital content, but will also help make the voices of civil society louder Amid all the negativity about the roles and responsibilities of non-governmental organizations (NGOs), mostly from the government and in many cases the business sector, one fact that nobody can take away from the non-profits is that theirs is...

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WTO panel rules against India in solar dispute -D Ravi Kanth, Asit Ranjan Mishra & Utpal Bhaskar

-Livemint.com Govt likely to appeal ruling that requires it to offer level playing field to domestic and foreign manufacturers Geneva/New Delhi: A World Trade Organization (WTO) panel has ruled against India in a dispute raised by the US over the country’s solar power programme, requiring the government to offer a level playing field to both foreign and domestic manufacturers of solar panels. India is likely to appeal against the dispute settlement panel’s ruling,...

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