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Income inequality in India worsens, but slower than Russia and China: report -Gireesh Chandra Prasad

-Livemint.com Income inequality in India has risen over the last three decades and a half with the top 10% of earners cornering 55% of the national income in 2016, says report New Delhi: Income inequality in India has worsened over the past three-and-a-half decades and the top 10% of earners now corner more than half of the country’s national income in 2016. Their share was 30% of the national income in 1980,...

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WTO talks in Buenos Aires on brink of collapse -D Ravi Kanth and Asit Ranjan Mishra

-Livemint.com United States refuses to budge on relaxations demanded by developing countries to provide for food security programmes, matter in deadlock as India, China stick to their stance The 11th ministerial meeting of the World Trade Organization (WTO) in Buenos Aires hung in the balance on Tuesday after the US refused to budge on relaxations demanded by developing countries to provide for their food security programmes. The matter went into deadlock after India...

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Wheat sowing lower by 6% from last year, shows agriculture ministry's data -Sayantan Bera

-Livemint.com Wheat sowing is lagging behind last year’s numbers despite a hike in support prices and doubling of import duties to encourage domestic growers New Delhi: Area planted under wheat, the main winter crop, is 6% lower than the year before, showed data on progress of Rabi sowing released by the agriculture ministry on Friday. According to the ministry, wheat has so far been planted in 19 million hectares, compared to the 20.4...

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For India, the fight at WTO will be about food security -Sachin Kumar Jain

-Down to Earth India needs to find a permanent solution to the problem of public stock holding, as it is a matter of survival for hundreds of millions people During the negotiations for WTO Agreement on Agriculture in 2001, India raised concerns over food security and flexibility that developing nations must have when it comes to providing subsidies to key farm inputs. Seventeen years have passed since then and countries like...

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Farmers seek income security law in pre-budget consultation -Gireesh Chandra Prasad

-Livemint.com At a pre-budget consultation, farmers and agriculture economists call for steps to reduce input costs New Delhi: Farmers on Tuesday urged finance minister Arun Jaitley to statutorily ensure income security for them and simultaneously take steps to reduce input costs and thereby make farming profitable. The suggestions from the Consortium of Indian Farmers Associations (CIFA) and agriculture economists was made at the first of the pre-budget consultation. “The median agriculture income is...

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