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