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...

Fiscal/monetary policy

Fiscal  policy 

 •It is the guiding force which helps the government to decide how much money it should spend to support economic activity and how much revenue it must earn from the system.
•It helps in increasing the economic growth swiftly.
•Through these policies government of a country controls flow of tax revenues and government expenditure.
•It helps in elevating the rate of capital formation in public and private sector.
•It helps in elevating savings rate.
•It provides incentives to private sector to expand its business.
•It helps in minimising the imbalance in dispersal of income and wealth.
•It helps in managing government budget.
•It helps during the period of recession and inflation.

Monetary policy 

•It is concerned with changing supply of my ney stock and rate of interest for the purpose of stabilising economy at employment level .
•It helps in increasing money supply and lowering interest rate with the adoption of monetary tools during recession.
•It seeks to contract aggregate spending by decreasing the money supply or increasing rate of interest during inflation.
•It also helps in promoting and encouraging economic growth both in industrial and agricultural sectors of the economy.
•It leads to an increase in reserves or liquid resources within the banks.
•This helps in increasing the availability of credit during recession and depression.
•It is helpful in promoting private investment spending which has expansionary effect of economy.
•It is referred to as powerful tool to regulate macroeconomic variables
•It can also be helpful in increasing the money supply by issuing more currency.

Comments

Popular posts from this blog

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...

Tokenization

Tokenization  Tokenization is the process of turning sensitive data into non-sensitive data called "tokens" that can be used in a database or internal system without bringing it into scope.  •It can be used to secure sensitive data by replacing the original data with an unrelated value of the same length and format.  •The tokens are then sent to an organization’s internal systems for use, and the original data is stored in a secure token vault. •The purpose of tokenization is to swap out sensitive data—typically payment card or bank account numbers—with a randomized number in the same format but with no intrinsic value of its own. •Tokenization is the process of removing sensitive data from your business systems by replacing it with an undecipherable token and storing the original data in a secure cloud data vault.  Token will be unique for a combination of card, token requestor (i.e. the entity which accepts request from the customer for tokenisation of a card and p...

Wheat crisis

WHEAT CRISES  Introduction : •On may 4,the government lowered its wheat production for the crop year ending june.  •The production is expected to fall during warm weather condition on most part of wheat producing states of Punjab, Haryana, Madhya Pradesh,  Uttar Pradesh.  Decline in wheat production •Wheat production has seen a drop during winter. In last marketing year, the government had purchased from farmers.  •During the same time,  announcement came declaring 'unfolding war in Ukraine' which give rise ti acute food insecurity in countries . •After 5 straight years of bumper output of wheat,  unprecedented heat waves  causes substantial loss to the crop . Early summer affects the crop yields in the wheat producing states . Government procurement •A larger quantity of wheat was being bought by the traders at higher rate than the minimum support price.  •Private traders have been prompted to buy more wheat from farmers as the price of whe...