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Author: V. K. Ramachandran
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 420
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Book Description
Financial liberalization after 1991 damaged the formal system of institutional credit in rural India severely. It represented a clear and explicit reversal of the policy of social and development banking, and contributed in no small way to the extreme deprivation and distress of which the rural poor in India have been victims over the last decade. The papers in this volume, theoretical and empirical, examine the implications of financial liberalization with respect to rural credit. The theoretical papers deal with the macro-economic and structural effects of neo-liberal financial policy on the rural banking system. The empirical papers, both secondary data-based and village-level case studies, show that changes in national banking policy have had a rapid, drastic and potentially disastrous effect on the debt portfolios of rural households, particularly the income-poor. Although it is clear that chronic indebtedness among the rural poor is a problem that cannot be solved by banking policy alone, and that the abolition of usury requires agrarian reform and major public investment, a decisive change in banking policy is essential for the very survival of the working people in rural India.V.K. Ramachandran and Madhura Swaminathan are economists and Professors at the Indian Statistical Institute, Kolkata.The strength of the book lies in its good analytical papers on policies and rich material from village studies.The Hindu
Author: V. K. Ramachandran
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 420
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Book Description
Financial liberalization after 1991 damaged the formal system of institutional credit in rural India severely. It represented a clear and explicit reversal of the policy of social and development banking, and contributed in no small way to the extreme deprivation and distress of which the rural poor in India have been victims over the last decade. The papers in this volume, theoretical and empirical, examine the implications of financial liberalization with respect to rural credit. The theoretical papers deal with the macro-economic and structural effects of neo-liberal financial policy on the rural banking system. The empirical papers, both secondary data-based and village-level case studies, show that changes in national banking policy have had a rapid, drastic and potentially disastrous effect on the debt portfolios of rural households, particularly the income-poor. Although it is clear that chronic indebtedness among the rural poor is a problem that cannot be solved by banking policy alone, and that the abolition of usury requires agrarian reform and major public investment, a decisive change in banking policy is essential for the very survival of the working people in rural India.V.K. Ramachandran and Madhura Swaminathan are economists and Professors at the Indian Statistical Institute, Kolkata.The strength of the book lies in its good analytical papers on policies and rich material from village studies.The Hindu
Author: Anita Gill
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 184
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Book Description
Author: Prakash Chandra Deogharia
Publisher:
ISBN:
Category : Rural credit
Languages : en
Pages : 212
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Book Description
Author: Kunal Sen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 236
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Book Description
This book analyzes the process of financial liberalization in India in the post-1991 period. The authors detail the key changes in each segment and market, and hypothesize possible paths that different constituents of the financial sector may take in the future.
Author: K. K. Tripathy and Anshu Singh
Publisher: Notion Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 312
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Book Description
Since independence, the field of rural credit has traversed a long terrain. This book is a good synthesis of the evolution and development of the domain from a theoretical as well as practical perspective. It is a fundamental literature on rural finance mechanisms as well as financial inclusion initiatives in India. Although the field of rural credit is vast and specialised, the authors have carefully picked up the most important components of this domain, which will be immensely useful to readers to get first-hand knowledge on the subject. While it traces the important institutional mechanisms of rural and agricultural credit in India, it also discusses the emerging paradigms of rural finance and ICT interventions, which can potentially restructure delivery mechanisms to encourage product innovation for serving the financial needs of those at the bottom of the pyramid population. The authors have attempted to cover every important aspect of rural finance by incorporating relevant discussions on institutions, governance, policy framework, schemes, and practices along with issues and concerns in the area of agricultural finance, rural credit and financial inclusion. The text has been woven in a cohesive manner so that the reader can appreciate the historic milestones while comprehending the present situation. Each chapter has been pinned to the larger developmental context to drive home the key issues concerning this field.
Author: Priya Basu
Publisher: World Bank Publications
ISBN: 0821361473
Category : Business & Economics
Languages : en
Pages : 152
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Book Description
Annotation This book examines the current level and pattern of access to finance for India's rural households, evaluates various approaches for delivering financial services, analyzes what lies behind the lack of adequate financial access, and identifies what it would take to improve access to finance.
Author: Gogula Parthasarathy
Publisher: Academic Foundation
ISBN: 9788171882939
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
Since 1991, the Indian economy has been exposed to economic liberalization and globalization in line with structural adjustment and stabilisation policies initiated by IMF and World Bank. This analysis outlines the controversial shift in Indian economic policy from State-oriented development strategy to market-oriented development that leaves decisions of production and distribution to be made by the market.
Author: K G Karmakar
Publisher: SAGE Publications Pvt. Limited
ISBN:
Category : Business & Economics
Languages : en
Pages : 376
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Book Description
Looking to examples in Thailand and Bangladesh, this book enumerates the various factors which have been instrumental in weakening the rural credit agencies set up to relieve rural poverty in developing countries.
Author: G. S. Bhalla
Publisher:
ISBN:
Category : Agriculture and state
Languages : en
Pages : 448
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Book Description
Collection of policy papers presented at the Workshop on Agricultural Policies in the New Economic Environment jointly organized by the Institute for Studies in Industrial Development, New Delhi, and Food and Agriculture Organization of the United Nations, Sept. 6-9, 1993, New Delhi.
Author: Alexander Sarris
Publisher: Food & Agriculture Org.
ISBN:
Category : Business & Economics
Languages : en
Pages : 156
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Book Description
