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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...

The New Development Bank

THE NEW DEVELOPMENT BANK

The NDB is a multilateral development bank established with the objective of financing infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries, complementing the efforts of multilateral and regional financial institutions toward global growth and development.

The New Development Bank (NDB) was established in 2015 by BRICS nations – Brazil, Russia, India, China and South Africa.  
NDB commenced the admission of new member countries in the second half of 2021. The NDB has already admitted Bangladesh, United Arab Emirates (UAE) and Uruguay as its new members. And Egypt is going to be the fourth new member.

The Bank's Agreement specify that all members of the United Nations could be members of the Bank, however the share of the BRICS nations (Brazil, Russia, India, China and South Africa) can never be less than 55% of voting power.

Egypt is the fourth new member admitted into New Development Bank (NDB) BRICS bank.

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