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An Information Architect's Approach to Address Indian Farmers' Indebtedness

by Pranab Das, Abhinav Das
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International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 125 - Number 1
Year of Publication: 2015
Authors: Pranab Das, Abhinav Das
10.5120/ijca2015904622

Pranab Das, Abhinav Das . An Information Architect's Approach to Address Indian Farmers' Indebtedness. International Journal of Computer Applications. 125, 1 ( September 2015), 12-21. DOI=10.5120/ijca2015904622

@article{ 10.5120/ijca2015904622,
author = { Pranab Das, Abhinav Das },
title = { An Information Architect's Approach to Address Indian Farmers' Indebtedness },
journal = { International Journal of Computer Applications },
issue_date = { September 2015 },
volume = { 125 },
number = { 1 },
month = { September },
year = { 2015 },
issn = { 0975-8887 },
pages = { 12-21 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume125/number1/22395-2015904622/ },
doi = { 10.5120/ijca2015904622 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T23:14:52.033385+05:30
%A Pranab Das
%A Abhinav Das
%T An Information Architect's Approach to Address Indian Farmers' Indebtedness
%J International Journal of Computer Applications
%@ 0975-8887
%V 125
%N 1
%P 12-21
%D 2015
%I Foundation of Computer Science (FCS), NY, USA
Abstract

The Indian farmer, including their counterparts in some developed countries, fell in debt-trap even as GDP and food prices soared and many sectors of the economy shared benefits of GDP growth. Apparently, none of the systems—colonial, socialist, or market-based—have tools to share economic prosperity with the farmer. The paper simulates steps in order to experimentally demonstrate that there could be very high risk in agricultural production. Finally, it proceeds to outline architecture of a centralized digital market, different from existing forms of markets available to the farmer, which addresses such risk as is associated with payoff from agriculture.

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Index Terms

Computer Science
Information Sciences

Keywords

Digital exchange electronic exchange auction reverse auction agriculture middleman commodity market agricultural economics

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