LEADER 03713nam 2200625 a 450 001 9910438255003321 005 20200520144314.0 010 $a81-322-1506-0 024 7 $a10.1007/978-81-322-1506-6 035 $a(CKB)2670000000403827 035 $a(EBL)1317742 035 $a(OCoLC)854976169 035 $a(SSID)ssj0000958088 035 $a(PQKBManifestationID)11521241 035 $a(PQKBTitleCode)TC0000958088 035 $a(PQKBWorkID)10907185 035 $a(PQKB)10624373 035 $a(DE-He213)978-81-322-1506-6 035 $a(MiAaPQ)EBC1317742 035 $a(PPN)172432448 035 $a(EXLCZ)992670000000403827 100 $a20130722d2013 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aFinancial inclusion of the marginalised $estreet vendors in the urban economy /$fSharit K. Bhowmik, Debdulal Saha 205 $a1st ed. 2013. 210 $aNew Delhi $cSpringer$d2013 215 $a1 online resource (154 p.) 225 0$aIndia studies in business and economics 300 $aDescription based upon print version of record. 311 $a81-322-1753-5 311 $a81-322-1505-2 320 $aIncludes bibliographical references. 327 $aChapter 1: Introduction: Street Vendors in the Urban Economy -- Chapter 2: The Field: Profile of the Cities -- Chapter 3: Why do Street Vendors Need Finance? -- Chapter 4: Sources of Finance -- Chapter 5: How Can Financial Institutions Help Out? -- Chapter 6: Recommendations and Conclusion.  . 330 $aThis book is the product of a study conducted by the Tata Institute of Social Sciences (TISS) in collaboration with the United Nations Development Programme (UNDP) and Ministry of Urban Housing and Poverty Alleviation (MoHUPA). Its objective is to highlight some of the problems faced by street vendors in conducting their daily business and to examine how financial institutions, especially those in the banking sector, can include street vendors in their credit policies. Data was collected from 15 cities across the country. Not surprisingly, while issues such as public space utilisation have been deliberated upon at length, those concerning the nature of credit transactions and concurrently the financial inclusion of street vendors have scarcely received focussed attention. In the absence of formal credit, street vendors largely depend on loan sharks, who charge high interest rates ranging from 350% to 800% per annum.  The problem of formal credit aside, another equally important factor is the inflexible attitude of the civic authorities towards street vending. Given their informal status, this is particularly apparent because they are forced to conduct business in the absence of legal protection, making them vulnerable to rent seeking by the authorities. The acceptance of the National Policy for Urban Street Vendors by a few states and the subsequent bill to protect the livelihood of street vendors should help them gain legitimacy and subsequently credit to run their businesses at proper rates. The book examines and analyses these issues. . 410 0$aIndia Studies in Business and Economics,$x2198-0012 606 $aStreet vendors 606 $aVending stands 606 $aUrban economics 615 0$aStreet vendors. 615 0$aVending stands. 615 0$aUrban economics. 676 $a331 700 $aBhowmik$b Sharit$f1948-$01065507 701 $aSaha$b Debdulal$01757818 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910438255003321 996 $aFinancial inclusion of the marginalised$94195783 997 $aUNINA