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Cartel hoarding dal stocks abroad to jack up prices: IB -Dipak K Dash

-The Times of India NEW DELHI: The Intelligence Bureau (IB) has alerted the government about importers of pulses resorting to cartels to make a killing this year on red lentils (masoor). The report has named companies that are buying masoor in large quantities and cornering stocks in Canada, which is the largest exporter of red lentils to India. According to rough estimates, last year dal importers had reportedly made around Rs 3,500...

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Free, not fair -Sukumar Muralidharan

-The Hindu Business Line The mythology of free trade being a force for economic progress remains entrenched in world politics Globalisation has created a unique spectator sport, where political dignitaries periodically gather at carefully chosen venues for days of deliberation over humanity’s most consequential problems. It is a spectacle at which ‘civil society’ — as the new force in world politics is called — is granted a tent of its own, financed...

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Free run for the rent-seekers -Biswajit Dhar

-The Hindu With the U.S. showing a preference for plurilateral agreements over WTO multilateralism, developing nations must defend the global trading system against transnational corporations The 10th Ministerial Conference of the World Trade Organisation (WTO), which also marked the completion of two decades of functioning of the most recent of the multilateral institutions, ended with an agreement among trade ministers of the member countries that may have pushed the organisation to the...

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Government to respond to WTO’s ‘Nairobi package’ in Parliament -Arun S

-The Hindu Experts and NGOs say Nairobi outcomes favour rich countries and effectively end Doha Round. In the backdrop of a political intrigue surrounding the World Trade Organisation’s (WTO) final Ministerial Declaration at the recently-concluded meet in the Kenyan capital, Commerce Minister, Nirmala Sitharaman, is likely to make a statement in Parliament tomorrow on what the ‘Nairobi package’ means for India. The minister will be making her statement amidst claims by international trade...

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Bad cure for a racing pulse -Ashok Gulati & Shweta Saini

-The Indian Express Scapegoating ‘hoarders’ and ‘speculators’ for the spike in dal prices might have been effective in the 1960s. But today, it is only evidence of a rather sloppy conceptual policy framework. The pulse rate of a normal and healthy human body hovers between 60 and 100 beats per minute. There can be problems if it goes any higher — and a serious threat to life over 200 beats per...

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