-The Hindu Such a stand will dilute its core agenda of pushing for a permanent solution to Public stockholding for food security One of the cardinal demands of India in the World Trade Organization (WTO) — and rightly so — has been to find a permanent solution to the issue of Public stockholding (PSH) of food to protect India’s food security (PSH policy). India’s PSH policy is based on procuring food from...
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WTO’s MC12 ends, India’s demand on Public stockholdings for food grains pushed to 2023 -Himanshu N
-Down to Earth India had pressed for a concrete solution to the issue; but some other countries hardened their positions, resulting in a lack of consensus, according to a delegate The 12th Ministerial Conference (MC12) of the World trade Organization (WTO) that began in Geneva June 12, ended June 16, with India’s demand to seek a permanent solution on Public stockholdings (PSH) of food grains being pushed to MC13 in 2023. A member...
More »India resists rich nations’ attempt to ‘divide’ developing nations, LDCs -Amiti Sen
-The Hindu Business Line Against postponing resolution and plans to expand provisions for LDCs alone India is resisting attempts by developed nations to “draw a wedge” between developing countries and LDCs in the ongoing negotiations for subsidising Public stockholding programmes at the WTO, under the garb of offering an early resolution, and has asked poorer nations not to fall into the trap. “At the WTO agriculture committee on Monday, some developed nations, such...
More »WTO must prioritise food security -Prachi Singhal
-The Financial Express The 12th Ministerial Conference must deliver a permanent solution on Public stockholding for ensuring food security of millions reeling under Covid-induced poverty The work for the 12th Ministerial Conference (MC 12) of the World Trade Organization (WTO) —to be held in Geneva, from November 30 to December 3—that had been delayed by the Covid-19 pandemic has gained momentum since the joining of the new director general of the WTO,...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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