India to seek permanent solution for food procurement and stockholding at WTO

India will push for a permanent solution to the issue of public stockholding for food security purposes at the four-day ministerial meeting of the World Trade Organisation (WTO) in Geneva, starting from November 30. It will also seek a special safeguard mechanism (SSM), along the lines of the one available to developed countries, to protect […]

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India rejects revised draft on WTO’s fishery subsidies; calls it weak and biased in favour of developed nations

India has rejected a revised draft negotiating text on WTO’s proposed fishery subsidies agreement saying it was weak, unbalanced and favours developed nations. India, however, completely supports the proposed pact for disciplining fishery subsidies, but it has to be balanced and gives a policy space for future to developing nations and where fishermen are poor. […]

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India to insist on fishery subsidy and select patent waivers at the WTO meet next month

The next ministerial meeting of the World Trade Organization (WTO) will likely consider a raft of critical issues, such as fishery subsidies, WTO reforms, public procurement programmes for food security and the multilateral body’s response to the Covid-19 crisis, including the fate of a patent waiver proposal floated by India and South Africa to better […]

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Phosphatic fertilisers running low ahead of the rabi sowing season: ICRA

The systemic inventory of phosphatic fertilisers in the Indian markets has dipped sharply, triggering concern for the upcoming rabi season. The dip in phosphatic fertilisers has been caused by a decline in imports, elevated international prices and limited availability in the international markets, while domestic demand remained stable. Ratings agency ICRA, however, expects that the […]

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