BANKING TRADE AND COMMERCE

VILLAGE SHOPKEEPER

Village shopkeepers constitute an integral part of the rural society, providing the village populace with their day-to-day requirements.

With the decline in the importance of periodical bazars, there has been an increase in the variety and volume of commodities handled by the village shopkeeper. His stock-in-trade generally consists of grains, groceries, salt, sugar, tea, gul, oils, spices, cocoa-nuts, soap, tobacco, betel-nut, chillies and other miscellaneous articles. Sale of cloth, foreign and indigenous medicines and drugs by a few large shopkeepers is also not unusual.

All articles are purchased by them from wholesale dealers in the neighbouring towns mostly on credit. Their transactions with the village customers are partly on cash and partly on credit basis. Sometimes they act as money lenders to farmers.

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