market information Archives — LIRNEasia


We documented the research done by Jensen and Aker on the benefits of mobiles to producers and consumers. Now we have a third good piece of research, this time not of decentralized information provision, but of centralized provision in India with the e Choupals. ITC Limited, an Indian company that is one of the largest buyers of soyabeans, felt it was paying over the odds, but was unable to monitor the traders closely. Starting in October 2000 it began to introduce a network of internet kiosks, called e-choupal, in villages in Madhya Pradesh. (Choupal means “village gathering place” in Hindi.
Mobile phone message services like one deployed by the financial news agency Reuters to over a million farmers in India, could help Sri Lankan farmers earn more for their produce, experts said. Ranjit Pawar of Reuters Market Light, India said their SMS (short message service) in India provide farmers timely information and helps eliminate middlemen. “A farmer told me, ‘If I had timely information I could have made 40 percent more money,’ when we launched the short message service in India,” Pawar told a seminar on knowledge based economies. It was organized by LIRNEasia, a regional think tank based in Colombo, Sri Lanka. Full story.