-Down to Earth The fracas over India's refusal to meet the deadline on trade facilitation exposes rich nations' double standards NOTHING HAS exposed the double standards at the World Trade Organisation (WTO) than the current uproar over the implementation of two agreements at the global trade policing organisation. One, termed Public Stockholding for Food Security Purposes, protects the food security concerns of millions of the poor and the livelihood of millions of...
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Food security and Rodrik’s trilemma -Mihir Shah
-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...
More »Don’t leave out the small farmer -S Chandramohan
-The Hindu Business Line Whether it is promoting a lease market in land or the use of tractors, credit should be tailored to the needs of marginal players The Finance Minister has announced several measures to make farming competitive and rev up growth in agriculture. While this is welcome, the sector as a whole needs an overhaul to make best use of these measures. To address the needs of landless farmers who are...
More »The need to measure poverty -C Rangarajan
-The Hindu Policymakers must continue to follow the twofold strategy of letting the economy grow fast and attacking poverty directly through poverty alleviation programmes In June 2012, the government of India appointed a committee to take a new look at the methodology for measuring poverty. The committee submitted its report towards the end of June 2014. The purpose of this article is to briefly explain the approach taken by this committee. Growth is...
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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