Lack of credit access is severe in low income and poor families that are normally considered to have fewer opportunities to borrow from banks due to insufficient valuable assets for collateral. These low-income households face limited opportunity to acquire new technology and working capital for agricultural ...
The Making of Miracles in Indian States studies three Indian states at very different levels of development, all of which grew in excess of 8% per year for a decade in the 21st century: Andhra Pradesh, Bihar, and Gujarat.
