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...
IMPACT OF ECONOMIC INFLATION
•There will be higher profits as producers can sell products at higher rates.
•There is overall increase in production of varieties of commodities.
•There is more employment and better incomes in the hand of the people .
•There will be good investment returns because investors receives incentives for investing .
•Inequality in income distribution increases. Rich may become more richer and poor may become more poorer.
•It leaves negative impact on exports income .
•It will have negative effect on capital accumulation.
•It can raise the cost of borrowing.
•It will erodes purchasing power of currency.
•It increases cost of living standard .
•It leads to deceleration in economic growth.
•It increases revenue of government .
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