-The Hindustan Times Misunderstandings about the World Trade Organization (WTO) are pervasive. The media coverage of the recent WTO meetings at Bali has added to the confusion. The bone of contention was the government procurement of the food grains in India under the National Food Security Act. The final outcome is a stopgap arrangement that has bought the Indian government some time; most importantly, it does not have to undertake any...
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Back to cereals
-The Business Standard The only way to fix food inflation Both the inflation figures for November and current market reports indicate that the contours of food inflation have changed tangibly of late. While the prices of pulses, edible oils and sugar have tended to either moderate or decline, those of staple cereals, notably rice and wheat, and of perishable items, chiefly vegetables and fruits, continue to propel food inflation higher. The blame...
More »31 Per Cent LS MPs Face Criminal Charges: Report
-Outlook Some 31 per cent of MPs in the Lok Sabha have criminal cases pending against them, and their pay package is 68 times higher than the national per capita income, according to the National Social Watch Report on Governance and Development-2013 released here today. "The pay package of MPs in India is higher than that of their counterparts in Singapore, Japan, Italy, and Pakistan. In terms of the ratio of the...
More »India’s fiction of victory at Bali - Biraj Patnaik
-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...
More »The truth of India’s position at Bali
-Live Mint The national food security law is in trouble from an unlikely source The outcome of the World Trade Organization (WTO) summit at Bali has been projected as a great victory for the Indian government by its spokespersons. Nothing could be farther from the truth. In exchange for a temporary reprieve on its food support programme, India has bartered away the bargaining chip of trade facilitation, which Western negotiators demanded. The...
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