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India seeks new benchmark for farm subsidy at WTO -Banikinkar Pattanayak

-Financial Express The extent of asymmetry between the support extended by the developing and the developed countries was brought to the fore in an earlier paper jointed submitted by India, China and some others. India, along with 80-odd developing countries, has sought a revision of the over three-decade-old external reference prices of farm commodities that are used by the World Trade Organization (WTO) to calculate current domestic farm subsidies extended by developing...

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Fishery sops: India rejects WTO draft, sees advanced nation bias -Amiti Sen

-The Hindu Business Line Says small fishers need government protection; advanced nations must stop subsidising high-sea fishing India has rejected the latest draft text on curbing fishery subsidies floated by the WTO earlier this week for not adequately addressing its concerns on food security and livelihood of small fishers while including provisions that could help advanced countries perpetuate their huge doles for long-distance fishing. Please click here to read more.  ...

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Fisheries subsidies: India wants WTO to provide relief to small fishermen -Amiti Sen

-The Hindu Business Line Points out that many will starve and lose their livelihood without govt support New Delhi: Citing the vulnerability of its small-scale fishing fleet and the need to ensure food security, India has demanded special and differential treatment in fishery subsidy disciplines being negotiated at the World Trade Organization (WTO) so that support to small and marginal fishermen gets exempted. In a recent meeting in Geneva on laying ground rules...

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Govt hints at lower hikes in support prices for farmers -Zia Haq

-Hindustan Times The government could move away from large hikes in support prices for farmers, agriculture minister Radha Mohan Singh hinted on Wednesday, signalling a key farm policy shift aimed at rationalising subsidies and taming inflation. The minister said some people thought the “only way to shore up farmer income is through minimum support prices”. “Wrong. This alone won’t do unless farmers diversify their activities into livestock, kitchen gardens, fishery etc. That’s our...

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India’s fisheries subsidies may be targeted at WTO -Amiti Sen

-The Hindu Business Line India against negotiations on these subsidies ahead of other issues New Delhi: Subsidies given to small and marginal fishermen in India could next be targeted by developed nations at the World Trade Organisation (WTO) as attempts by members to cherry-pick issues at the multilateral trade forum continue. “We are apprehensive of attempts being made at the WTO by some members to push negotiations on fisheries subsidies ahead of other...

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