Readability of Indian Accounting Standards and International Financial Reporting Standards

Drawing insights from a case study of an agrarian tribal community—the Kurichiyan—from South India, we find that tank irrigation,which wasoncesustained by strong community norms, a kinship organizationthat upheld individual subsistence entitlements from jointly held private property and the tribal community’sunderstandings of local social ecology,isnow on the wane. The state entitlements channelled through decentralized development interventionsthat promote individual citizen’s entitlements have unintendedly undermined community norms and tank irrigation.