Part 1. The Setting. Decentralized governance and development in India : An introduction -- Seeing PRIs in India and their History from a Gandhian perspective -- The evolution of devolution -- Part 2. Dimensions of Decentralization. Political decentralization : Role of political parties from...

It is argued that the availability and judicious utilisation of funds are prerequisites for the development process of a region. Since credit is assumed to provide command over resources and facilitates to meet the needed liquidity, expansion of institutional provision of funds has been a...

Until banking sector reforms were introduced in India in 1991, the emphasis in the credit provision through formal banking system was to meet the targets at the expense of the quality of credit and viability of the banking system. The policies after 1991 stipulated the banks to continue to meet...