-Vikalp The recently concluded Bali Ministerial marks an important milestone in the WTO negotiations. The National Food Security Act, 2013 in India has brought the issue of food security and hunger within developing countries to the forefront of the negotiations in the WTO. In this context, the G-33 proposal addressing the issue of non-recognition of food security concerns of developing countries within the global trade rules reflected a meaningful unity within...

-Outlook Government today reduced minimum export price (MEP) of onion to USD 150 a tonne from USD 350 to boost shipments and check sharp fall in domestic prices that has led to farmers protest in producing states. This is the third downward revision of onion MEP, the benchmark price below which the commodity can not be exported, this month. On December 16, the Centre had reduced it to USD 800 a tonne...

-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...

-The Business Standard Policymaking in India is more often than not credited for its high nuisance value, rather than for positively aiding growth. Whether oil & gas, power, mining or any other core sector of the economy, government policy has frequently hampered rather than assisted the positive development of these industries. There is however one segment of the renewable energy space - solar power, that's vastly benefitted from concerted government action...

-The Business Standard Onion prices in wholesale markets of Mumbai declined 48.6%, the steepest among the four metros, compared to October In November, onions, which stoked inflation in recent months and probably played a part in the Congress party's dismal performance in four Assembly elections, turned cheaper in four major cities - Mumbai, Delhi, Chennai and Kolkata - at both the wholesale and retail levels. However, the decline in wholesale prices was...