Credit Inequality: The Growth That We Don't See | Debopam Chaudhuri | TEDxGIPE скачать в хорошем качестве

Credit Inequality: The Growth That We Don't See | Debopam Chaudhuri | TEDxGIPE

India’s economic growth story often highlights the rise of large enterprises, yet a critical gap remains hidden within the financial system. This talk explores the inequality in credit access faced by Micro, Small and Medium Enterprises, a sector that contributes nearly 30% of India’s GDP and represents about 90% of its enterprises, yet receives only 7% of total bank credit. A significant portion of registered MSMEs falls into the “new-to-credit” category, entrepreneurs with viable ideas but no formal credit history or collateral. As a result, many promising businesses remain unable to expand, hire workers or scale operations, creating what can be called the “growth we don’t see.” The talk highlights how limited access to formal lending often forces entrepreneurs to rely on informal moneylenders, further constraining their potential. It also points to the possibility of change through India’s digital public infrastructure or the India Stack. By using alternative data such as vendor payment histories instead of traditional collateral, lenders can unlock opportunities for millions of new entrepreneurs. At TEDxGIPE 2026, we are exited to welcome Depobam Chaudhuri back to campus. an alumnus of the institute and Chief Economist at Piramal Enterprises Limited, his work spans macroeconomic research, policy analysis and market strategy. What truly stands out is how effortlessly he makes sense of complexity. With decades of experience navigating markets and policy environments, he has a way of connecting large economic shifts to the everyday decisions they quietly influence. His perspective offers not just analysis, but clarity, turning abstract forces into ideas that feel relevant and human. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx