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Barter exchange in India refers to the practice of trading goods and services directly, without the involvement of money. It's an ancient system that predates modern currency and is still prevalent in some rural and tribal communities. Barter transactions often occur in local markets, where individuals exchange goods like grains, livestock, handmade crafts, and services like farming or carpentry. While less common in urban areas, barter exchanges continue to play a role in certain sectors, fostering community ties and facilitating trade in regions where monetary transactions may be limited.