Syllabus GS III Issues related to direct and indirect farm subsidies and minimum support prices; Public Distribution System- objectives, functioning, limitations, revamping; issues of buffer stocks and food security; Technology missions; economics of animal-rearing.

Analyse India’s demand in exporting its wheat from public stock holding and also examine the challenges .

One of the cardinal demands of India in the World Trade Organisation (WTO) and rightly so  has been to find a permanent solution to the issue of public stockholding (PSH) of food to protect India’s food security (PSH policy).

India’s demand for the waiver of wheat export from public stockholding:

Challenges India facing in this issue:

Thus, the possibility of it recognising an ongoing war between two nations as an “exceptional circumstance” to adopt a waiver for permitting wheat exports from public stocks is profoundly remote.

~Source The Hindu

Syllabus GS II Important International institutions, agencies and fora- their structure, mandate.

Discuss India’s involvement in the International North South Transport Corridor(INSTC’s) and also explain India’s Non-alignment to multi alignment stature.

The journey signalled the launch of the International North South Transport Corridor (INSTC), a 7,200-km multi-modal transport corridor that combines road, rail and maritime routes connecting Russia and India via central Asia and Iran. The corridor is expected to consolidate the emerging Eurasian Free Trade Area.

India’s Involvement in INSTC’s:

Non-alignment to multi-alignment

The INSTC has received far less media attention than initiatives such as the Quad, the BRI and the New Development Bank. As a transcontinental multi-modal corridor that aims to bring Eurasia closer together, the INSTC is a laudable initiative in its own right. That it helps India consolidate its multi-alignment strategy sweetens the deal.

~Source The hindu