This report summarizes the findings of a review aimed at understanding emerging approaches to energy subsidy reform, discerning trends, and identifying major strands of thinking and research in the field, as reflected in major policy and academic journals relevant to the subject. The review was initiated in early 2020 as …
With the declared objective of moving towards market determined prices for petroleum products, Government announced the dismantling of the Administered Pricing Mechanism (APM) effective 1.4.2002. However, it was decided to continue to subsidize PDS kerosene and domestic LPG on the ground that these were fuels of mass consumption largely consumed …
the Food Corporation of India (fci) may soon trade its surplus wheat and rice in the domestic commodity exchanges through futures transactions, say fci sources. Even as Asia's largest food-procurement agency toys with the idea, the trader community, brokers and exchanges are apprehensive. Making sense of futures A futures contract …
If Kamal Nath, India's Union minister for commerce and industry, is to be believed, the Hong Kong ministerial of the World Trade Organization (wto) was a big success for developing nations. His claims rest on the fact that the talks succeeded in getting developed countries to agree on a time-frame …
The cement industry is India's ultimate sunshine industry. Up until the 1980s, it was not growing phenomenally. Now it is. After cement was decontrolled in 1989, the industry took off
Recent events reinforce the view that the ambitious trade liberalisation agenda that developed countries, primarily the U.S. and the E.U., have tried to realise through the WTO is a non-starter. It is now official: the Sixth Ministerial Conference of the World Trade Organisation (WTO), to be held in Hong Kong …
the World Trade Organisation (wto) missed an August 1, 2005, deadline to reach a first draft approximation of a new international trade deal that would conclude wto's Doha round. wto director-general Supachai Panitchpakdi had said on July 8, 2005, that the approximation was the last remaining "slender chance of averting …
in june-end the United States Senate passed a somewhat "green' energy bill one drastically different from the version passed earlier by the House of Representatives. The Senate favours renewable and new sources of energy. The House had strongly backing fossil fuels. Thus, there is bound to be a confrontation between …
Groundwater plays a critical role in the agricultural economy of Gujarat state. The lack of surface water resources has put more pressure on groundwater to meet both agriculture as well as industrial and domestic sector demand. More than 90 per cent of the total irrigated area is covered through groundwater …
Non-congruence over intellectual property rights and agricultural issues have complicated negotiations for a free-trade agreement between the US and the three Andean nations
Farm subsidies have never looked more ridiculous. The queen of England and prince Charles, along with some other big landowners in the uk, will soon have to disclose the several million dollars of eu farm subsidies they receive. uk farming minister Larry Whitty announced the move recently, hours after receiving …
What should be the price of natural gas in India? Till now, gas was pumped by the public sector company, the Oil and Natural Gas Commission and piped and sold by another public sector concern, the Gas Authority of India Limited. The government administered the price. But with private players …
Even in remote villages, you can find shops providing tea and cigarettes/biris to the satisfaction of local consumers. But there are no schools, roads or drinking water. Now, we will all agree that schools and roads are more important than tea and cigarettes. Why, then, are lower-priority items well provided …
The sad state of public systems is the result of several, interrelated factors. Scarcity of resources, the most widely cited explanation, is an exaggerated alibi. Of course, the resources mobilised by the State are inadequate to meet costs of government and development expenditures (including maintenance and improvement of social services …
India has been enduring a tragedy for the past 250 years: government structures incongruous with the essential character of our traditional society, our samaaj, have been imposed on us. And this power of the State has only increased. That's why we see that the government machinery is incapable of delivering …
the World Trade Organization (wto) has approved sanctions against the us for subsidising its domestic industries, using the funds collected as anti-dumping duties. Following the decision, the eu and Japan have now said they will levy us $150 million worth of sanctions from early 2005 if the us subsidies continue. …
the World Trade Organization (wto) set up a special subcommittee on cotton on November 19, 2004, to address the issues concerning cotton trade "ambitiously, expeditiously and specifically'. The step was a compromise for the four West African nations, which had asked for a prompt end to billions of dollars of …
