ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Informal Credit Markets in India

Thomas Timberg Chandrasekar V Aiyar This paper deals with the non-bank urban informal credit market in India and, in specific, with how it contributes to finance in the Indian economy.

India in 2000, with Ifs and Buts

cases influenced by mere habit and tradition, and not out of any deep convictions. This is not to suggest that they did not bring to bear on their chosen profession all their intelligence and even passion; and at some point in their careers, they perhaps even began to believe in their own rationalisations. They also succeeded in earning the goodwill and affection of the mass of people, not because they succeeded in ameliorating their miserable conditions, but because they highlighted this wretchedness with a view to using the disaffection as a weapon to fight their own battles.


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