Terrorism finance remains under-examined in Indian security studies despite its central importance. Vivek Chadha’s Lifeblood of Terrorism addresses this gap through a detailed mapping of funding sources, transfer mechanisms, and operational use across India’s conflict zones. Indian Army Veteran, Colonel Chadha, leverages counterinsurgency expertise, offering enforcement-focused, state-centric analysis of complex conflicts. Chadha departs from Loretta Napoleoni’s staged model of terror finance, arguing instead that India’s landscape is regionally distinct: Kashmir relies on state-backed networks and counterfeit currency, the Northeast on extortion and trafficking, and the Indian Mujahideen on diaspora and criminal funding. His central insight is that counter-financing must be region-specific.
Vipul Tamhane (2026) studied this question.