A visibly elated Sharma said the decision gave India complete protection even if it breached the food subsidy limit under WTO rules
India rejected the proposed interim measure and trade facilitation agreement, risking an outright collapse of the ongoing talks.
China, Indonesia ready to agree to a four-year interim solution.
If the WTO talks in Bali fail, it will adversely impact India.
According to the final draft of the negotiating texts, seen by Business Standard, there are a few binding commitments in the chapter on TFA, under Article 13, which talks of Customs cooperation.
According to the final draft of the negotiating text circulated by WTO Director-General Roberto Azevedo among trade ministers of the 159 member countries on Wednesday night, on public stockholding for food security purposes, a developing country like India can provide subsidies for farm support even if those exceed the permissible 10 per cent cap.
The country has also asked India to further reduce tariffs on goods.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
Pakistan had promised to grant this status, mandatory under global trading rules, to India in December 2012.
Or Iran may face the risk of losing its biggest client
But completion occupancy certificates to be mandatory.
In an interview with Nayanima Basu, the DG lauds the efforts of Indian negotiators in bringing the deal on the table.
Approval comes 6 months after Swedish clothing giant applied for India entry; FIPB now to consider on Oct 18.
The compulsions of domestic politics notwithstanding, India and Bangladesh script a new story in bilateral relations, say Nayanima Basu and Aditi Phadnis
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A letter issued on Monday was jointly addressed to the US commerce secretary and trade representatives.
It will escalate costs, mandate regulator to check malpractices, set standards.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.
The company claims it is selling as many tablets internationally as it is retailing in India.
Nasscom's current president Som Mittal's term expires in January. However, Chandrasekhar, expecting to get the necessary approvals from the government soon, will start work from next month to get familiar with the organisation.
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