LAND UTILIZATION Land is a scarce resource, whose supply is fixed for all practical purposes. At the same time, the demand for land for various competing purposes is continuously increasing with the increase in human population and economic growth.Land use pattern at any given time is determined by several factors including size of human and livestock population, the demand pattern, the technology in use, the cultural traditions, the location and capability of land, institutional factors like ownership pattern and rights scale regulation. Major Types of Land Utilization in India : As in all other countries, land in India is put to various uses. The utilization of land depends upon physical factors like topography, soil and climate as well as upon human factors such as the density of population, duration of occupation of the area,land tenure and technical levels of the people.There are spatial and temporal difference in land utilization due to the continued interplay of phys...
Developing countries - WTO
The countries which are classified into 3 categories according to WTO are
-Least Developing countries
-Developing countris
-Developed countries
The status of China has become issue after being called as developing nation in the WTO.
The concerns have been raised also to the status of least developed countries.
Benefits of developing countries tag
a)It provides special rights through 'special and differential treatment'(S&DT) provision.
b)This grants longer timeframes to implement aggrements and commitments to raise trading opportunities.
c)It aimed at reduction in government support to industries over time and set more lenient target for developing nations and grant them more time to achieve these targets.
d)It also allows other countries to offer preferential treatment.
Benefits of LDC classification
-LDC's are often exempted from certain provisions of WTO pacts.
Bangladesh is being classified as LDC
-It recieves zero duty, zero quota for almost all exports to European Union.
-Bangladesh set to show its supremacy from LDC status in the year 2026 as its per capital GDP has risen sharply surpassing that of Indian in the financial year 2021
Comments
Post a Comment