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Improving Indian Food Security: Why Prime Minister Modi Should Embrace the WTO -Joshua Meltzer

-Brookings   India's agriculture policies aimed at improving its food security have received increased scrutiny following the December 2013 World Trade Organization (WTO) Ministerial meeting in Bali, where India's position on this issue almost doomed the entire talks. In fact, the growing use of agriculture subsidies by India and other developing countries like China are changing the dynamics of the WTO negotiations for new agriculture subsidies commitments, where the focus had previously...

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Finance, fertilizers and petroleum ministries to seek subsidy cuts-Sidhartha

-The Times of India   NEW DELHI: A swathe of ministries - from finance to fertilizer and petroleum - are going to make a case for a reduction in subsidies before Narendra Modi, a move that will push up your monthly expenditure but is expected to help the government cut wasteful spending and revive investment. Sources said the three ministries are identifying subsidies as a key constraint in their presentations that secretaries will make...

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WTO talks: Don’t harp only on fishery sops, says India -Amiti Sen

-The Hindu Business Line   Tells US, others there must be progress in agriculture, industrial goods and services pacts   NEW DELHI: India has said that negotiations on tightening fishery subsidies at the World Trade Organisation (WTO) pushed by the European Union, New Zealand and Chile should take place only after there is substantial progress in the areas of agriculture, industrial goods and services.   Warning against ‘cherry-picking' of issues, the Centre said that the proposal...

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Aadhaar, fuel hikes, LPG cap hurt us in Lok Sabha polls: Cong minister -Jayanth Jacob

-The Hindustan Times   The Aadhaar scheme, touted as ‘gamechanger' by the UPA government, ended up hurting the Congress in the Lok Sabha polls, said outgoing Union food and consumer affairs minister KV Thomas. "The Aadhaar initiative, and the objective of linking welfare schemes with it, didn't find favour with the people. The decision was not appreciated by voters," Thomas told HT on the eve of the Congress Working Committee meeting on Monday,...

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India's non-solutions for reducing inequality-Rajiv Shastri

-The Business Standard   Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...

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