Today’s ET carries a story on Chandasi – also spelt as Chandausi. It is a mandi — like the agri markets of India — but one dealing in coal. It is a fascinating place. Its architecture is similar to that of a farm mandi even though the commodities the two trade in are so different. It corrects a state failure — inability to supply coal to small businesses — but does so by sourcing illegal coal. Which makes it a benign institution. But it is also malign. The mandi is mired in local mafias, coal syndicates and what have you. And so, while the illegal enterprises supplying coal to the mandi make pots of money, the labour, the buyers, some of the traders, lead marginal existences.
The story in the paper, here. A longer version of the story, up on my ET blog, Anomalocaris.