The submission to the WTO by a group of 45 nations comes amid the US working on new rules to end benefits enjoyed by developing countries at the WTO.
Intense bilateral parleys are expected in the next 10 days.
The rate of price rise for the food articles was at 7.47 per cent during the month.
Interestingly, although the FSA was negotiated by the RBI, the contact point for the FSA is the commerce ministry and not the central bank.
This was the sharpest decline in industrial output growth since February 2013.
Small retailers have alleged that Amazon & Flipkart violated FDI norms during their festive sales.
This is the second downgrade in two months. The agency had revised its GDP growth estimate to 6.7% from its earlier forecast of 7.3% in August.
RBI had cut the country’s growth forecast for FY20 to 6.1% from 6.8% estimated earlier.
The development comes after industry associations of retail, mobile and FMCG sectors met commerce and industry Piyush Goyal.
Exercise underway to develop an index with an aim to cut logistics costs to 10% from 14%.
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