The US has cautiously re-engaged with the WTO by submitting a reform memo and paying dues, addressing concerns over developing nation status and subsidies, particularly China's. However, its push for unilateral fixes may undermine WTO principles and smaller economies. Separately, India's Prime Minister Internship Scheme faces challenges with low acceptance rates due to design flaws like duration and role mismatches. Additionally, a proposed Securities Markets Code Bill is criticized for potentially weakening SEBI's independence by diverting surplus funds, risking governance issues and eroding credibility.