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

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Informal Rural Finance in Maharashtra

context. Two basic features of the economy, differentiation of households and economic growth, need to be taken into account while analysing the phenomenon of female participation. Differentiation implies a differential response of women depending on the position of the household to which they belong in the class hierarchy. Economic growth leads to further differentiation and the changing labour market situation has an impact on whether and if so, which classes of women participate in the workforce. Thus the whole process of female labour participation is dynamic and needs to be analvsed as such.

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