India’s negotiating strategy on agriculture at the World Trade Organisation (WTO) seems to be moving from a defensive to a more engaging position with the release of two interesting discussion papers by the Centre of WTO Studies of the Indian Institute of Foreign Trade (IIFT). The two studies that were released by India’s chief negotiator at the WTO this week are a signal that India may now move towards seeking answers...
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UN report lauds India for adding 300,000 hectares of forest every year
Asia is leading afforestation activity in the world with a significant contribution from India which is adding 300,000 hectares of forest every year, a senior UN official said. "I would highlight India, which still has important population growth. The forests in India are growing at 300,000 hectare per annum," Eduardo Rojas Briales, Forestry Director of Food and Agriculture Organisation told journalists on Wednesday. According to the 'State of the World's Forests'...
More »Rampant speculations in commodity mkts hit poor nations:UNCTAD
The United Nations Conference on Trade and Development (UNCTAD) today cautioned on rampant speculations in the global commodity markets which is fuelling unprecedented price hikes around the world, with worst effects on poor countries such as India. "Financial speculation in global commodities trade is a source for concern as it contributed to steep price hikes," UNCTAD's Secretary General Supachai Panitchpakdi said on the sidelines of a special meeting convened by UNCTAD...
More »Diluting the Right to Food by CP Chandrasekhar
The promise made by UPA II that it will ensure food security for Indians through legislation that guarantees the Right to Food seems, in its view, to have been an error. In a multi-stage process that reflects the pulls and pressures within the policy-making elite, the Food Security Bill has been diluted so much that it marks a reversal rather than an advance compared to the status quo. Let us...
More »India Food Prices May Ease by Dilipp S Nag and Arpan Mukherjee
India's food prices are likely to ease, bringing down food inflation from stubbornly high levels, over the next two months as supplies of onions and other vegetables are expected to pick up, industry officials said Thursday. The country's food inflation rate surged to more than 18% in December as vegetable prices, particularly those of onions, spiked after unseasonal rain damaged crops. India's food inflation rate has slightly eased since then, but...
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