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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 Dominance & RBI

Fiscal dominance & RBI

Fiscal dominance occurs when central bank use their monetary powers to support the prices of government securities and to keep interest rates at low levels to reduce the costs of servicing sovereign /government debt. Fiscal dominance implies that Fiscal consideration limiting the scope for an independent and prudent monetary policy. 

Recently,WPI is running in double digits since last 10 months and last month CPI has also crossed 6% but still RBI is not willing to increase the repo rate because it may lead to increase in interest rates and increase in cost of borrowing by the government. RBI also scrapped plan for issuance of central government securities to raise debt for govt. in light of higher interest rate in the market.

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