-PTI NEW DELHI: India's farm subsidies are well below the WTO's cap of 10 per cent and the developed world should move ahead with finding a permanent solution for stock piling of grains for food security purposes, an official said. According to a WTO filing, India has given a total farm subsidy of $56 billion, of which trade distorting subsidy amounts to only $13.8 billion for 23 commodities, including rice and wheat. Explaining...
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Rice subsidy legroom may be the reason behind India's hard stand at World Trade Organisation -Dilasha Seth
-The Economic Times NEW DELHI: The risk of losing room to raise the minimum support price for rice possibly prompted India's hard stand at the WTO in July, which led to the collapse of trade talks. The farm subsidy notification made by India at the WTO earlier this week shows that the subsidy to rice risks exceeding the WTO permissible limit. If there is no relief on the procurement issue, the government...
More »After childhood in Mumbai red-light district, a UN award -Aamir Khan
-The Indian Express Mumbai: Shweta Katti, who grew up in Mumbai's red light district of Kamathipura, had her first breakthrough when she made it to the Bard College in New York last year. Now, there is another reason for the 19-year-old to celebrate: She has been selected by the United Nations Special Envoy for Education for the Youth Courage Award, given to girls from around the world for showing exemplary courage...
More »‘Better farm productivity is critical for India’ -G Chandrashekhar
-The Hindu Business Line World Bank economist says there is ‘policy fatigue' Washington DC: Improving farm productivity is central to the Indian government's goal of achieving ‘faster, more inclusive and sustainable growth', the World Bank has said in a recent report ‘Accelerating Agricultural Productivity Growth in India - Issues and Opportunities'. Although agricultural growth rebounded after 2004-05, two worrying trends emerged: concerns about the nature and sustainability of growth, the report observes, adding...
More »Farmer in distress -Bharat Jhunjhunwala
-The Statesman Prime Minister Narendra Modi has expressed anguish over suicides by farmers, whose condition has not improved despite the high rate of economic growth. The reason for this distressing state of affairs is that economic policies are badly crafted. The primary effort of the Government has been to increase agricultural production. The price factor is not taken into consideration, the perception being that the farmer will be better off...
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