India's demand that the World Trade Organization take
steps, on a priority basis, to safeguard the interests of poor farmers as
well as the food security programmes in developing countries has received
support within the U.S
Several prominent U.S.-based civil society organisations
including World Food Program USA, Oxfam America and ActionAid USA have asked
Washington to agree to support the developing countries' demands on food
security and poor farmer issues
The developed world, including the US, is learnt to be
keen on introducing 'new' is-sues (such as e-commerce, global value chains,
labour, competition and environment) of their interest during the Nairobi
meet, instead of taking forward the ongoing Doha Round negotiations, which
has a ‘development' agenda
India is one of the leadingdeveloping countries wanting
the Nairobi meet to take up on priority negotiations on an effective Special
Safeguard Mechanism (or SSM, a trade remedy allowing developing countries to
temporarily increase duties to counter sudden import surges or price falls
of farm items, thereby protecting poor farmers), and a permanent solution to
the issue of public food stock-holding in developing countries for food
India has also sought a drastic reduction of 'trade
distorting' farm subsidies of the developed countries.
Trade lobbies, including CII, FICCI, Assocham, PHD
Chambers, and traders body, the Confederation of All India Traders (CAIT),
have for the first time issued a joint appeal to the political fraternity
“to give safe passage to the Constitution Amendment (122nd) Bill.
An earlier attempt by India Inc in May to persuade
parliamentarians to pass the GST Bill during the Monsoon Session went in
The industry, through an online petition had urged “all
political parties to have a collaborative and consultative process in the
Parliament and allow the Parliament to function, to debate and legislate.”
The initiative has since then received support of over 63,000 people,
including top industrialists.
The government and industry is keen that the bill is
approved in the ongoing winter session of Parliament so as to meet the
rollout date of April 1, 2016.
The bill was cleared by Lok Sabha in May and now is stuck
in Rajya Sabha, where the ruling NDA is in a minority.