India: Links for 10th June, 2019

  1. How does the Reserve Bank of India aim to spread awareness about key topics to as many people as possible across the entire country. It uses a concept called Financial Literacy Week, among other things. Posters and leaflets will be circulated to rural banks, and a mass media campaign will be carried out throughout June (on Doordarshan and All India Radio) – this time, with a specific target in mind: farmers. (Via Mostly Economics)
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  2. “In the circumstances, measures that can minimise wastage and increase the local holding capacity of farmers so as to stagger supply release can be an area of engagement to increase farm incomes. In many respects, this may perhaps be the most promising medium-term intervention to increase farm incomes.”
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    Gulzar Natarajan asks how farm incomes can be increased. He suggests a way to increase storage capacity and improve it over time. Completely agreed – but I’ll reiterate (and I think he’ll agree), the best way to have farm incomes go up is to have lesser people be engaged in agriculture.
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  3. Anantha Nageswaran comes up with a thoroughly delectable set of links about “advice” for the new government in India. Each of the links is well worth reading. In fact, I would recommend that an hour going through these links is well worth your time.
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  4. “Agriculture is a like any other business—the farmer needs the freedom to enter into contracts, use it to raise credit, tie up insurance, seek advisory and inputs to get a fair return on his land. The instrument for this is contract farming—whether individually or in a group backed by a regulatory mechanism. Paracetamol policies like loan waivers have detained the modernisation of agriculture, resulting in poor output from a large mass of precious land and half the workforce. ”
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    This actually is one of the links in 3. above, but it is too good to not share in it’s own right. As Prof. Nageswaran says, full marks!
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  5. “The GLP was initiated in August 2018 through a partnership between Pratham and the Uttar Pradesh Basic Education Department and sought to target all primary school children in UP. There were three aims: (i) significantly improve their learning levels in basic reading and arithmetic, (ii) introduce and sustain innovative teaching-learning practices in schools, and (iii) build monitoring, mentoring, and academic support capacity at block and district levels. After some delays, by January 2019, the programme reached classrooms across all 75 districts.”
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    Read, and hope. The most encouraging thing I have read in 2019.
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