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 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.
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