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F C Kohli - his concerns all embracing Funding the un-funded The Gulf aviation boom TN accounts for the largest recruits by the IT sector Making ‘my Amaravati’... Telangana in top gear… GM Technology at last! Recognition to role of NBFCs.... Liberal imports idling indigenous capacities Shanti and Sadhana through Music A rich pool of talent not utilised…. CIPET hqrs to stay at Guindy – for the present? Alexa – Talking Wikipedia Secularism and anti-Hinduism London, London Narayan Naidu will soon build a new Hyderabad Vibrant Gujarat More heat than light Focus on quality of power - its only around 170-180V Silver Years of Madras Musings PPP mode for upgrading Corporation Hospitals The Jan Dhan bonanza Shipping woes of Chennai companies CRS, a jewel among managers, is no more. The balancing act Which side are you, Montek? Revive development banks... Welcome thrust on trade in Modi’s foreign visits... All eyes on Sankara Nethralaya Mu Sigma – is no more Where a state respects its litterateurs… A welcome initiative by the judiciary Wanted: a second airport for Chennai IPL type auction for VCs? More Shakti to resource mobilisation... Delhi is distant TN – agglomerate land holdings without alienating ownership The ‘Ayyo-yes’ is no more Maximising the micro pricing … Plummeting profits of PSBs Gay abandon in pricing The why of tax incentives Parliament in paralysis... R Sridhar steps down as CEO of Shriram Capital Fuel for thought Russi Mody – a tribute More tributes to GR Odisha: spectacular win by Naveen Patnaik Music happens Air Asia India will set new benchmarks for budget travel A Grand Finale for SN’s MS centenary at the US… Computation of GDP – conundrums continue Padma Bhushan for A Ramakrishna Solar, solar everywhere … Adharma of opposition politics Fall in crude prices help in oil sector reform Measuring roof tops in terms of KW/MW China invests in India He saved millions from starvation... Noble nonagenarians... Nuclear power at the nucleus Welcome GST Editor's Notes Paytm karo... Shaming of Tamils by Tamil farmers at Delhi For whom the MIDS bell tolls? Excel Generators provide the vital back-up A Grand Finale for SN’s MS centenary at the US… TGS- The king storyteller No Maha Koottani in TN... Another Indian music maestro at the UN Valli, they are more marginalised Poor quality of university VCs A glass full of corruption Kulandai was a giant Reliance’s TV – 18 ready to launch Tamil News Channel Pharma – overdose of copying A professional at the helm of IRDA... Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai A friendly business group Intellectual of rare qualities Land reclamation from sea appears cheaper! A C Muthiah – his munificent bequeaths to science Increasing non co-operation of state leaders B H Kothari - a tribute Sri Lanka votes for change Welcome focus on core competence Tough task taking states together Adapt Vajpayee dinner diplomacy The Swadeshi Trump Cleaning Ganga – relocate tanneries and install electric crematoria Put expensive assets created to use... Insurance companies bleeding, yet no decision on increasing FDI limit! No engine for this car The nuclear option Tatas moving out of urea production... Gas is the way forward Banning booze... Solar thermal shines… The Ports’ Pasha expands into Tamil Nadu Remembering Indira Sivasailam... WTO Meet: resolved to meet again Cement prices continue to rise… Polls and promises The sea- saw battle continues... Mersal magnified Lalu’s envy, India’s pride When TN politicians can emulate Kerala's MHC should not return to its old indisciplined ways IPL - no surprise this scam Tribute The few handicaps... Kinetic Karnataka Quality silica from Neyveli Sweeter prospects for sugar The star of Spencers is no more Building loyalty through the stomach SoA @ 80 Build close rapport with business leaders TN-leverage strength of BHEL, NLC... New IT products of Ramco in the pipeline… Return to king coal for urea... Lesson from Chandrababu Naidu Bihar – Nitish Kumar adopts the Lalu model Auto components surge… Tribute – Manikam Ramaswami TELANGANA at last…BUT Five star activism stalls development activity Towards speedy justice Tribute – UCAL Selvan… Inflation: are we emulating Argentina and Brazil? Muffled voices for merit… A proud Madrasi Kudos to NDTV... Infrastructure funding – lessons learnt Demise of a media baron... Revving up the manufacturing sector Modi and the lady Breaththrough in malaria control Preserving for the future Online not in line with brick and mortar businesses... Where is Rajaji? Streamlining mandatory third party cover Small units prefers to remain small... Welcome changes that testify to Jayalalithaa’s return to health The ‘Jayanthi Tax.’ Cutting the nose to spite the face Should we change the official year? Why land prices zoom in TN? Dr C Rangarajan returns to Chennai West Bengal: mindless malignancy Delhi returns to BJP Shale gas and its shallow future Scientists urged to take up farmer-oriented research When nations steal growth from one another… Rs.1600 crore paper board plant of TNPL Tax agriculture When the President was rendered homeless… There was flood of milk. Reason: no milk commissioner! No mega rail project for Tamil Nadu How Air-India loses customs... Eternal support for capitalisation of PS banks Robber barons everywhere Protest masters... The brown list of Venkitaramanan Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated PC’s preference for professionals A yen for wastage… Fortune 500 review Medical costs hit the roof... Not just in-laws (and outlaws); they’ve renowned academics at the helm! When Ratan Tata visited SRM Delhi Chalo... EVM is tamper-proof S Ramanathan – a versatile musician, musicologist An enemy’s enemy is a friend Haul over the coal L&T- the specialty of special purpose vehicles Poor representation for Kerala and TN in Cabinet CII projects higher growth… The power-full Hindujas Tribute – M V Murugappan Quality education through the PPP mode Limit foreign borrowings to hi-tech, export potential projects... Strengthen the base... An informal presentation - analytical, forward locking... Align crops to agro climate endowments… The rise and rise of KCP Permanent secretariat for TN GIM GNS - 100: our first subscriber TIAM turns a full cycle Readers' Mail L&T: focus on infrastructure and more infrastructure… Marketing expert Balagopal is no more CSR and CMI: promise of another Srinivasan Ramanujan... S V Raju – a ‘good’ true liberal Fortune for Indian Airlines Naidu’s return augurs well for Seemandhra Diamond jubilee of Egmore Samskrt School Things happen by accident and not by design... The rise and fall of Annamalai University to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Come elections, come advertisements... Delhi is distant… Discoms deserve better… Wise Presidents Moily’s bold thrust Convulsions in The Hindu Contrarian cousins A think tank for Chennai Engineering seats go abegging Like Hinduism: many paths to reach God... Editor's Says Make standards certification mandatory... Tihar, Puzhal not different from Parappana Agrahara IAS invades NDDB... This scant respect for Law Sweet news for TN sugar mills Boy, can you beat these? Roaring Ro-Ro facility ONGC at KG Basin Modi storms Silicon Valley Whistle-Stop Tour of Raghuram Rajan Godspeed, Chief Minister JJ He continues the focus on social amelioration EEC at the National Media Centre Multi-faceted Venkat Rahman at CIC An inexplicable neglect When online building permits work…. Don’t seem to feel the pulse… Colour-Chem’s colourful KRVS Road development slows down A more liberated TN… When small is no larger beautiful.. Bihar elections - the Rajaji formula worked …and of a popular trade leader Airlines in India: cost and space More Shakthi to Das’ elbow For whom the bell tolls? Of course, Gujarat is vibrant Tatas moving out of urea production... Why this malaise in medical education? Waning interest in public discussions…
 
WTO Meet: resolved to meet again

With the visible distaste of US President Donald Trump of multilateral institutions, it is becoming increasingly difficult to build consensus on global issues. The US has decided to withdraw from the UNESCO and resile on the Paris agreement on climate. The recent one relates to a combative approach to trade issues at the WTO.

The change in US stance to look inward and at national concerns is in contrast to the spirit  with which the US helped form and support several multilateral institutions in the aftermath of the Second World War. Remember the US’ magnanimity in aiding the reconstruction of post-war Europe as also the upliftment of numerous developing countries through bilateral and multilateral aid?

While multilateral trade has got stuck at the different meets since 2000, the impact has been increasingly severe post the 2008 economic slowdown. Europe is still regaining its past growth momentum and does not seem to be enthusiastic in appreciating the special requirements of developing countries like India to tackle poverty alleviation.

It is in this background, the stalemate at the recent ministerial conference of WTO at  Buenos Aires should be viewed. The divide was pronounced in regard to farm subsidies. Agriculture in developed countries has been sustained by such hefty subsidies, estimated to cost $160 billion. Developing countries have been arguing the case for a vast reduction in such subsidies to ensure fair international trade practices. This remains unheeded.

On the contrary, developed countries have been demanding the elimination of subsidies extended by developing countries to their poor and needy sections to maintain buffer stocks of food to tackle abject poverty.

Representing India, Commerce and Industry Minister Suresh Prabhu pointed to 800 million of global people going to bed hungry and under-nourished. Along with his Chinese counterpart, he sought a permanent solution for the subsidies involved in public stock-holding to ensure food security.

Sadly, both the stances remained irreconcilable.  So, the only resolution was to resolve to meet again two years hence.



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