india-news

India's food security law wins WTO backing

Bali (Indonesia), Dec 6 : India scored a victory on Friday as the World Trade Organisation (WTO) agreed to provide food subsidy without any punitive action in an apparent backing for its questioned food security law.


The move by the WTO comes following opposition by United States and other developed countries to the policy that promises subsidised food to hundreds of millions of poor, as New Delhi held its ground.

India's Commerce Minister Anand Sharma had earlier said that he would endorse a draft trade reform at the WTO removing a major obstacle to a breakthrough.

"It is a victory for the WTO and for the global community to have arrived at a mature decision. We are more than happy. It is a great day. It is a historic day," Sharma was quoted as saying.

--IBNS (Posted on 07-12-2013)

india-news headlines

Giriraj defiant even as BJP distances itself; Congress, JD-U move EC

Only Congress can ensure development, says Rahul Gandhi

No Modi wave, only Modi poison, says Jairam Ramesh

Akhilesh, Jaya Bachchan woo voters

India's democracy reaches out to lone voter in Gir forest (Election Special)

BJP distances itself from Giriraj; Congress slams remark

Beni calls Modi murderer, BJP says Congress campaign at nadir

Terror groups now pick sophisticated Indian-made arms, ammunition

Varanasi basks in its importance, ignores 'waves' (Election Special)

India wants Internet to become Equinet

Indian seismologist warned about Mexico quake two months ago

Congress using secularism to digress from real problems: Modi

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014

Comments

Your e-mail:


Your Full Name:


Type verification image:
verification image, type it in the box

Message:

Back to Top