Social Capital and Development Processes

The precise nature of the creation of social capital and the role it plays in furthering development interventions at local levels as well as the nature of interaction between new institutions and older formalised networks need to be more clearly understood to bring on enduring development. An evolving and increasing stock of social capital forms a necessary input for sustained development. This paper draws on three developmental interventions in different parts of India to examine concepts of social capital, and its role as an index of synergy between agents located in different formal sectors.