-The Hindu The government deserves congratulations for its firm stand at the WTO, which finds support in Rodrik's trilemma The Princeton don Dani Rodrik is one of the world's leading economists. He is a firm believer in and supporter of globalisation. However, he has also posed a famous "globalisation trilemma." A trilemma describes a situation where only two of three things can hold true at the same time. If any two out...
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A perfect storm threatens Maharashtra's cotton farmers -Aman Sethi
-The Business Standard A delayed monsoon and abundant cotton in the international market could spell trouble in the state's suicide zone Yavatmal (Maharashtra): As the skies stayed clear till the second week of June, Ramesh Gulabhrao Digde's mood darkened. His two acres were ploughed at great expense, the seeds were purchased, and a sack of fertilisers lay in a corner of his thatch-roofed hut in Parsodi village in western Maharashtra's Yavatmal...
More »Modi plays pro-poor card in WTO row -Radhika Ramaseshan
-The Telegraph New Delhi: Prime Minister Narendra Modi today accused the developed nations of a "disinformation campaign" to "isolate" India for refusing to toe their line at the World Trade Organisation, painting his government before a domestic political audience as a champion of the poor. Addressing a party meeting weeks before his US trip next month, Modi pitched the recent controversy at the global trade body as a battle between the haves...
More »Data in: hoarding fears hyped, price-rise problem is seasonal -Anil Sasi
-The Indian Express For tomato, however, the difference jumped from 4 per cent on July 8 to 100 per cent on August 8. A month after the central government brought onions and potatoes under the Essential Commodities Act, 1955, and empowered states to put stockholding limits on these vegetables to rein in hoarders, the difference between their wholesale and retail prices has not reduced. And in the case of other kitchen staples such...
More »India's tough stand on WTO gets support from UN body IFAD
-PTI India is asking for a change in the base year (1986-88) for calculating the food subsidies Supporting India's tough stand at WTO on the food security issue, UN body for development of agriculture IFAD today said ensuring food for its people is more important than creating jobs in certain other nations. "Creating jobs for some other country, while people are still hungry, doesn't make sense... If I was in the position of...
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