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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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Insurance penetration

INSURANCE  PENETRATION

Insurance penetration is measured as the percentage of insurance premium to GDP.
(Insurance premium and GDP figures should be in same currency, it can be Rupees $ .... will not make any difference)

Insurance penetration for life increased to 3.2% in 2020-21.
Insurance penetration for non-life increased to 1% in 2020-21

Insurance density is measured as the ratio of premium (in US dollar) to total population.

Insurance density for life is around $59 in 2020-21
Insurance density for non-life is around $19 in 2020-21

The data is from annual report of IRDAI.

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