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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...

Public finance -Importance

PUBLIC FINANCE - IMPORTANCE
a)To increase rate of savings and investment: Most of the people spend their income on Consumption.Saving is very low so the investment is low . The government can encourage these rate of savings and investment in the economy.
b)To secure equal distribution:Unequal distribution of income and wealth is basic problem of under developed countries. The rich are getting richer and poor are getting poorer. So for the equal distribution of income and wealth, there is need of public finance help us in achieving this by taxing rich and distributing the resources among poorer.
c)Optimum allocation of resources: Fiscal measures like taxation and public expenditure programmes can greatly effect the allocation of resources in various occupation and sectors, for its optimum allocation and utilization.
d)Capital formulation: Fiscal policy will be designed in a manner to perform two functions of expanding investment in public and private enterprise and by diverting resources from socially less desirable activities to more desirable investment channels .
e) Economic development: The state can play a important role in promoting economic development especially through control and regulations of economic activities. It is fiscal policy which can promote economic development of a country.
f) Implementation of planning: Under democratic planning,fiscal policy plays a important role as financial plan is as much important as physical plan and implementation of financial plan will depend upon the uses of fiscal measures.
g) Controlling inflation: The imbalances between demand for and supply of real resources may lead to inflation to underdevelopment countries. Inflation ruins the entire economic structure if the national and the process of economic development in these countries comes to stand still. So to check inflation , budgetary policy plays an important role.
h)Infrastructure building: Public finance helps to build up well development physical and institutional infrastructure. 

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