Page 2 - LN

The shopkeepers of Palampur
• The traders of Palampur are shopkeepers who buy various goods from wholesale markets in
the cities and sell them in the village.
• A few of the families whose houses are close to the bus stand have used a part of the space to
open small shops. They sell eatables.

KAREEM’S STORY (Let’s discuss pg. No. 12)

• Both Kareem and Mishrilal have fixed capital in the form of machines, but Kareem has a larger
fixed capital because he has assets in the form of computers which are more expensive then the
sugarcane crushing machine.

• Reasons why someone didn't start a computer centre may be any of the following

(a) As very few educated people were there in the village, there was not any demand for
computer courses.
(b) The villagers were not aware of the employment potential of computer courses and so
nobody thought that such a business could be successful.

(c) Teaching faculty for computer courses was not available in the village earlier.

Transport: a fast developing sector
• There are variety of vehicles on the road connecting Palampur to Raiganj. Rickshawallahs,
tongawallahs, jeep, tractor, truck drivers and people driving the traditional bullock cart and
bogey are people in the transport services.
KISHORA’S STORY (Let’s discuss pg. No. 13)

• Kishora's fixed capital is the buffalo and wooden-cart which he has purchased with the bank
loan.
• The money that he earns from selling the milk and transporting goods on his bullock-cart minus
his own living expenses are his working capital.
• Kishora is involved in the following production activities.
a) Selling of buffalo's milk.
b) Transporting of various items.
c) Bringing clay from the river Ganga for the potter.
d) Transporting jaggery etc to Shahpur.
• Kishora has certainly benefited from better roads in Palampur because he is involved in the
transport business; better roads enable him to easily transport goods from one place to