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