Skip to main content

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...
Post a Comment

Forward policies for the development of economy

 Forward policies for the development of economy

Our demographic cycle is almost ten to twenty years late as compared to China, Singapore, Taiwan, South Korea. Demographic dividend can be reaped to achieve economic growth by empowering the youth in terms of education, trainning and skills. 

Following are the policies which can be undertaken for the development of economy.

a) National  Transfer account :To undertake National Transfer Accounts (NTA) which shows India's per capital consumption pattern. It needs to be calculated every year which helps the states to rank for investing in youth. 

b) To invest more in children amd adolescants:A complete shift from the secondary education to universal skilling should be undertake, as in South Korea. 

c) To make health investments:Health spending should be in pace with the economic growth. 

d) Reproductive health care services:There is need to provide universal access to high quality primary education and basic healthcare. 

e) Gender differences:This needs to be minimal. In India, boys are more likely to enrolled in secondary education.

f) female workforce :In India, there is great need to increase the female workforce participation in the economy.  New skills and opportunities for women and girls benefiting their participation  is of great need. 

g) Diversity : India needs to address the diversity between states. The differences in age structure creates differences in economic development. This offers opportunities for states to work together especially on demographic dividend. 

h) Federal approach :A new federal approach  to governance reforms for demographic dividend will need to put in place for policy coordination between states on various emerging population issues such as migration, skilling, urbanisation, ageing etc.

Comments

Post a Comment

Popular posts from this blog

Investment Multiplier

INVESTMENT MULTIPLIER The number of times by which the increase in ∆Y exceeds the increase in investment is called as Investment Multiplier.  Investment Multiplier or output multiplier refers to the number of times by which the increase in output/income ∆Y exceeds the increase in investment ∆I. It is measures as the ratio between change in output /income and change in investment.                                      k = ∆Y / ∆I Where k is the multiplier. Relationship between Multiplier and Marginal propensity to consume (MPC) There is direct relationship between Multiplier and MPC . Higher the value of MPC ,higher the multiplier .                   K =1 / 1- MpC This is because of the given reasons : a)Additional investment means additional expenditure in the economy, additional expenditure means additional income . b) Higher the value of MPC ,...
Post a Comment
Read more

CONCEPT OF ECONOMICS

ECONOMY Economy refers to a system of a particular area that shows how people of the concerned area earn money. It shows the nature of all the economic activities in that area.  ECONOMICS Economics has been derived from Greek words i.e "Oekos" and "nomos" .The former means a house and the latter means to manage . By combining the both it means managing a houshold. It refers to the study of how society choose to enjoy scarce resources that have alternatives uses. In other words, it is a social science that focuses on management of scarce resources in such a manner that both individual and society can attain maximum benefit. ECONOMIC PROBLEM It is the problem of choice or problem of allocation of scarce resources to their best alternative uses.  It mainly arises out of the given two facts: a) Resources are scarce . b)Resources are unlimited and have alternative uses.  ECONOMIC ACTIVITIES These are those activities which are related to how one can make use of scarce re...
Post a Comment
Read more

Role of capitalism

ROLE OF CAPITALISM IN DEVELOPING ECONOMY Capitalism is that part of the economics where there is no role of government agencies. The sole supe power of capitalism is in the hands of private owners. This means that if private is working on the behalf of government, instead of social welfare, their main objective is to have profits. Features Lack of intervention of government. Role of private firms. Role of price mechanisms. Advantages Encourages innovation Efficient firm incentives Consumers can choose services of their choice. Prevents government from interrupting. Creates climate of innovation and economic expansion. Helps in increasing GDP. Disadvantages Firms can gain monopoly power. Externalities damages the environment. Prone to boom and bust in the economic cycles. Inequality creates social division. Capitalist market crashes causes economic downturn , uneven business cycles. There is difficulty in mobilising unprofitable sector into profitable sectors. By taking advantage of poo...
Post a Comment
Read more