This book examines the dynamics of rural indebtedness along with dimensions of human development in rural Assam vis-a-vis other states of India. It is largely based on a primary survey of a cross-section of the agricultural labourers and marginal-small-medium' farm households in Assam. The importance of the study lies in the fact that it tried to explore the ground realities behind the prevailing sentiment that in the era of globalisation and lower supportive ...
Rural Credit in Disarray: Moneylender’s Credit or Globalisation’s Discredit: A Case of Cross-Section Population in Rural Assam
In the era of globalization, the provision of institutional credit support to the 'asset-less and asset-poor' has dried up substantially. The reforms in Indian financial sector have led to the serious fall in credit-deposit ratio in the backward states on the one hand, and accentuated the problem of concentration of loans among the better off section, on the other. The erosion of the welfare objective of the nationalized banks under the constant ...
