Published Paper Details:

Abstract Today, modern street vending plays a vital role in the urban economy, as a source of jobs, revenue and 'value added' to the economy. Street vending provides a flexible link in economic supply chains, gives vitality to urban streets, and provides affordable goods for many urban residents. Yet street vending exacerbates congestion at busy sites and vendors lack the facilities for 'decent work'. For generations, street vending has provided vibrancy, colour and a market outlet in Indian cities. However, as the 21st century progresses, the dynamic growth of city populations, the scale of physical development, and globalising economies create new challenges for street vendors, who face changing political, economic and social contexts and increasing competition for space. In India, the financial inclusion initiative was implemented as a tactic to foster inclusive growth among the urban poor, particularly street vendors. This article focuses on some of the most important challenges with loan availability among street sellers. The purpose of this paper is to investigate the socio-economic and psychological perspectives of street vendors in urban Kurnool, based on a primary survey of 150 respondents.