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Trade pacts: India’s FTA thrust lacks clarity -Abhijit Das

-The Hindu FTAs are about pursuing economic goals. They should have little to do with achieving social or geo-strategic objectives After hurtling for many months towards finalising the India-UK FTA by Diwali, a substantial Trade deal appears unlikely by this deadline. Instead of bemoaning this as a missed chance, it should be taken as an opportunity for introspecting India’s approach to FTAs, particularly with the developed countries such as the UK, European...

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Rabi MSP sends wrong signals -Nilanjan Ghosh

-The Hindu Business Line Millets such as ragi deserve higher support prices as they are important for nutrition and water efficiency  The CACP recommendations on Minimum Support Prices (MSP) for the mandated six Rabi crops — wheat, barley, gram, lentil, rapeseed and mustard, and safflower — are arrived by considering several factors. These include the cost of production, supply and demand situation of various crops in domestic and global markets, domestic and world...

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Will intervene in market if wheat price increased abnormally: Centre

-The Hindu FCI has adequate stocks of wheat and rice, says Food Secretary Amid reports of increase in the wheat price during the festive season, the Centre said on Monday that it would intervene in the market if the price increased abnormally. Talking to reporters, Union Secretary of Food and Public Distribution Sudhanshu Pandey said sufficient stocks of wheat and rice were available in the Central pool to meet the requirement of...

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Meetings on labour codes fail to evolve consensus -AM Jigeesh

-The Hindu Majority of the Trade unions urge Bhupender Yadav to withdraw the four codes; outfits including the BMS demand that the Centre immediately convene the Indian Labour Conference In an apparent indication that the implementation of the four labour codes will be delayed further, majority of the Central Trade Unions, during their recent discussions with Union Labour Minister Bhupender Yadav, have urged the Centre to withdraw the four codes. Though Rashtriya...

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Heavy rains in India damage key crops ahead of harvest, threatening to stoke food inflation -Rajendra Jadhav

-Reuters/ThePrint.in State like UP has received 500% more rainfall than normal so far in October. Higher food prices could prompt India to slap additional restrictions on exports of food commodities. Mumbai: Heavy rainfall in India has damaged key summer-sown crops such as rice, soybean, cotton, pulses and vegetables just before harvesting, which could stoke food inflation in Asia’s third biggest economy, farmers, Traders and industry officials said. Higher food prices could prompt New...

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