authors
Rajnish Kumar

abstract
This study explores the socioeconomic dynamics of street vendors in Bihar, focusing on their role and challenges in the context of globalization and urbanization. Street vending constitutes a significant part of the informal economy, providing livelihoods to marginalized communities while catering to the daily needs of urban populations. The research examines the multifaceted issues faced by street vendors, including legal uncertainties, limited access to credit, and competition from organized retail and e-commerce. Using a mixed-methods approach, the study incorporates primary data from interviews and surveys conducted across major urban centers in Bihar, such as Patna and Gaya, alongside secondary data from policy documents and scholarly literature. Findings reveal that street vendors in Bihar significantly contribute to urban economies through job creation and affordable goods provision, despite operating in precarious conditions. Globalization has introduced both opportunities, such as broader market access, and challenges, including heightened competition and displacement. Vendors have adapted through collective actions, like forming unions, and leveraging technology for business operations. The article emphasizes the urgent need for inclusive urban policies, formal recognition of street vendors, and financial support mechanisms to enhance their socio-economic security. This case study contributes to a broader understanding of informal economies in rapidly globalizing and urbanizing regions, offering policy insights that could be applied to similar contexts globally.