Excess food grain stocks set to meet domestic needs
The Dollar Business Bureau The total stock of food grains in the Government of India’s central pool, in February, stood against and more than the minimum buffer storage, resulting in an adequate requirement that is expected to meet the domestic supplies. In a recent official release, it was notified that the stock of food grains in the central pool as on February 16, 2015 was 353.67 lakh tons, which is against and more than the minimum buffer storage of 214.10 lakh tons, for January-March quarter in 2015. The adequate storage is expected to help the government in meeting the requirements under Targeted Public Distribution System (TPDS) and other welfare schemes. For a better TPDS, the government is also implementing a scheme ...
WTO launches intensive consultations on Trade Facilitation Agreement
The Dollar Business Bureau | @TheDollarBiz Multilateral trading system has strong support across the world, says WTO chief Roberto Azevêdo (Pic. source - WTO) Roberto Azevêdo, Director-General of the World Trade Organisation (WTO), has launched “intensive and comprehensive” consultations on taking the Bali Package forward which includes both Trade Facilitation Agreement (TFA) and concerns on food security raised by India. Members have been asked to report the outcome and in the Trade Negotiations Committee (TNC) on October 6, 2014. Azevêdo urged members not link TFA with other deals. He said, “There seems to be a clear interplay between concerns relating to the negotiations on public stockholding for food security purposes and the adoption of the protocol of amendment on the ...
