01600nam a22001577a 4500999001900000008004100019100003100060245007500091260002100166300003200187520106600219773002101285906002201306942000701328952010701335 c520727d520727221011b ||||| |||| 00| 0 eng d aKandikuppa, Sandeep934850 aClass and vulnerability to debt in rural India: A statistical overview aRural Sociology  a87(2), Jun, 2022: p.454-488 aRural indebtedness is a major development challenge confronting India. In 2018, scores of farmers protested rising household debt, and the popular coverage of the time asserted that farmers were under crushing debt. Combining data from the All-India Debt and Investment Survey with other sources and using a class analysis, I interrogate this “crushing debt” narrative. Rural households, depending on the socioeconomic and contextual vulnerabilities that they experience, are indebted in different ways. The rural elite borrow more loans and have higher loan amounts, while asset-poor households are more dependent on informal credit sources and also pay higher rates of interest. Households from the wage worker class are more likely to be over-indebted relative to others. I further find that petty commodity producers bear less debt burden and are less likely to be over-indebted relative to other classes. These findings underscore the fact that rural indebtedness is a nuanced problem that manifests in a multitude of ways across India. – Reproduced  aRural Sociology  aRURAL DEVELOPMENT cAR 00102ddc40709394784aIIPAbIIPAd2022-10-11h87(2), Jun, 2022: p.454-488pAR127309r2022-10-11yAR