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  1. GeraltofRivia

    Tunnel boring machine for high-speed railway project arrives from China

    Yes, quite likely to be the case given the target completion date for Jakarta–Bandung section is 2021. It will be the first in SE Asia.
  2. GeraltofRivia

    Reform agriculture marketing systems to address farm distress

    Oh I see. The OP article says “that poor farmers may typically get as little as 25% of the prices that consumers finally pay for their produce. “. So in your aunt’s case it is 10%!!
  3. GeraltofRivia

    Reform agriculture marketing systems to address farm distress

    Thanks for the link and it is indeed informative. You are right that Deng’s rural reform doesn’t receive the same kind of attention that other branches like SEZ. Given the massive scale of rural population, the growth would have delivered a significant boost in terms of overall quantity. Apart...
  4. GeraltofRivia

    Reform agriculture marketing systems to address farm distress

    To me capitalism and socialism are 2 ends of the spectrum and there is no country can be regarded as extreme or pure form of either capitalism or socialism, rather the nations are all somewhere in the middle. Tax is a common form of wealth transfer that is practiced extensively in the capitalist...
  5. GeraltofRivia

    Reform agriculture marketing systems to address farm distress

    Good post. Thank you for pointing me to “mandi” market. After some read up (probably should have done earlier), I started to understand your point wrt government involvement in the Indian Agri market. key regulations like APMC has played key role in contributing the inefficiency/distortion in...
  6. GeraltofRivia

    Reform agriculture marketing systems to address farm distress

    I don’t know the government should be blamed the most here. The most articles I read on this topic seems to suggest that the cartel of the agri traders are the ones that distort the market by suppressing the price paid to farmers and jack up the price when selling to the procurement agency. The...
  7. GeraltofRivia

    Reform agriculture marketing systems to address farm distress

    8 min read Updated: 19 July 2018 Sudipto Mundle The recent increase in the minimum support prices (MSP) for major kharif crops has reignited the debate about food price policy. Some analysts believe that the increase has been excessive, that it will push up inflation, both directly and also...
  8. GeraltofRivia

    India's Tech Revolution - Aadhar (Forbes)

    I see. I guess they would have to buy to other full banks’ term deposits to get some meaningful rate differential in order to cover operating expenses and return. Supposedly they will have some liquidity issues to manage (for borrow short and lend long) but probably not too big a deal when they...
  9. GeraltofRivia

    India's Tech Revolution - Aadhar (Forbes)

    The transaction fee is an income stream but it should not be significant. The article seems to suggest it offers life insurance cover as the incentive for people to park their money. The thing is if there is significant transaction fee to be earned, it will kind of defect the purpose of the...
  10. GeraltofRivia

    India's Tech Revolution - Aadhar (Forbes)

    Good read. The payment bank, which can receive deposits and facilitie transactions but cannot lend, is a very interesting and new concept to me. My question is that how they can make profit from without making loans as fundamentally banks make living by the interest difference between loans and...
  11. GeraltofRivia

    Whatever

    Thanks a lot! That’s really useful.
  12. GeraltofRivia

    Whatever

    A silly question here: is there a way to search all the posts (possibly from a particular member) that received positive rating? Thanks in advance.
  13. GeraltofRivia

    CNN: Why a military spat between Japan and South Korea could snowball into crisis

    Have a feeling that South Korea and Japan will be the ones that go into a armed conflict in E Asia in the near future, not North Korea or US. Their bad blood went back a long time, even back to the first Japanese invasion of Korea in 1592. Admiral Yi Sun Shin who fought Japanese invasion force...
  14. GeraltofRivia

    India is losing the AI battle to China, one app at a time

    Agree. The author seems to unable to distinguish the difference between AI and App, which in many cases is just a business model rather than a piece of high end technology.
  15. GeraltofRivia

    Indira Nooyi being considered to lead World Bank

    According to Wiki, she has consistently ranked among the world's 100 most powerful women. In 2014, she was ranked at number 13 on the Forbes list of The World's 100 Most Powerful Women, and was ranked the 2nd most powerful woman on the Fortune list in 2015. Very impressive indeed. Hoping to see...
  16. GeraltofRivia

    Nilgiri Toy Train

    Thanks for tagging me. It looks pretty awesome. was shame that I have not tried it but will definitely visit in the future. I am a bit a fan of steampunk so it is a great attraction to me. :-)
  17. GeraltofRivia

    Raghuram Rajan | Is India Ready for the Twenty First Century?

    An interesting talk by Raghuram Rajan in UC Berkeley regarding the economical issues that need to be addressed to prepare India for the 21st century. His talk covers a wide range of topics so I managed to note down a few key points: He thinks that the current GDP growth rate of circa 7% is...
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