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Village Development Boards (VDBs) in Nagaland


  • Karmakar K G
  • Banerjee G D


The article describes the constitution and functions of Village Development Boards (VDBs) in NAGALAND where VDBs are considered as “Financial Intermediaries†or “Non-Banking Financial Intermediaries†. They are integrating the ever important credit mechanism in the rural areas for fostering the economic development process.

Suggested Citation

  • Karmakar K G & Banerjee G D, 2009. "Village Development Boards (VDBs) in Nagaland," Working Papers id:2154, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:2154
    Note: Institutional Papers

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    References listed on IDEAS

    1. Krugman, Paul, 1980. "Vehicle Currencies and the Structure of International Exchange," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(3), pages 513-526, August.
    2. McKinnon, Ronald I., 1979. "Money in International Exchange: The Convertible Currency System," OUP Catalogue, Oxford University Press, number 9780195024098.
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