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...
Future Trading- Banned
Future contract
-The price of the future contract will depend on the demand and supply situation of the agri- commodities in the physical market.
-Sometimes the price of the future contract also influences the price of the commodities in the physical market.
-Sometimes traders in the physical market uses the future contract price as the reference price for doing trade.
So, both impact each other.
-Govt. sometimes feel that, allowing the trade of these papers (future contracts) leads to speculation in prices and banning the future trade may cool down prices.
-That is the reason Ministry of Finance directed SEBI to ban the future (contract) trading in 7 commodities viz. Chana, mustard, paddy, wheat, moong, Soybean and crude palm oil.
-Future and forward contracts are similar, the only difference is futures are traded on exchanges while forward contracts are done between two people/entities (called over the counter).
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