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Land utilisation

  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...
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Fiscal policy

FISCAL POLICY 

Fiscal policy is the revenue and expenditure policy of the government focusing on growth and stability of the economy. It is also called as budgetary policy of the government . The government tries to achieve its set of objectives by varying the size and composition of revenue as well as of expenditure.

Role of fiscal policy

a)Accelerating pace of growth: In welfare state like India ,there is direct Intervention by the government in the production process . The government spearheads process of growth through investment expenditure in strategic sectors of the economy, defence sector in particular. Autonomous investment of government seeks to trigger pace of growth.

b)Regional balanced growth : By offering tax holidays, subsidies ,the government prompts private investment to focus on backward areas. It facilitates balanced regional growth. It also helps to stop migration of labour from one state to other .

c)Inclusive growth:It is a growth process in which rate of participation of people is accorded high priority. Accordingly ,gains of growth are evenly distributed across all sections if the society.

d)Social equality : Social equality is another Goal of fiscal policy. The government wishes to achieve it by offering transfer payments to weaker sections,while levying taxation on richer section if the society.

e) Stability : In the wake of globalisation, there is high degree of mutual interdependence among economies of the world. While this has enhanced the pace of growth ,this has also generated a high degree of economic uncertainty. The government tries to maintain fiscal discipline in the economy. So that inflationary and deflationary gap are restricted both in their intensity as well as frequency.

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Land utilisation

  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...
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Read more