Currently teaching undergraduate students at Delhi University, Arushi Kaushik has a B.A. in Economics from Shri Ram College of Commerce, University of Delhi and a Masters in Economics from the Delhi School of Economics. She interned with the Reserve Bank of India in the summer of 2012. Her interests lie in developmental issues and the related political economy aspects.
A unique, informal banking system of rickshaw drivers in cities
04 Jun 2014
Seasonal, rural migrants that drive rickshaws in cities have little or no access to formal financial institutions. Based on a survey of over 100 rickshaw drivers in Delhi, this article highlights a unique mechanism used by the drivers for remitting earnings to their families back in villages, obtaining short-term loans, and managing their savings.
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