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