Skip to main content

The importance of land in underdeveloped countries


Land is considered a valuable asset for all of us. In simple term if we define what is land we can say that it is that part of earth surface which is not covered by water and which is dry, but in real sense we are bothered that part of  the land which is usable for human survival and development. We know that earth is containing three part of water and one part of land. But in this one part of land people are not able to use that part of land which is situated in high hill area, desert area and the area which is covered with dense forest. So, the land which is near the river is very much valuable and precious for human being.

For survival land is considered a productive capital. History tell us that many war had been happened to protect own motherland, but due to its fixed nature the pressure on land increased day by day with increasing population .Though our modern technology try to increase the portion of land artificially in the earth surface through land reclamation or land fill (is the process creating new land from ocean riverbed and earth bed).

In economic sense our economic sector is divided in to three sectors. Primary sector, secondary and tertiary sector .In primary sector agriculture plays a vital role and in this sector it is the main source of income. In secondary and tertiary sector production and service sector plays their role. As per our economic structure in underdeveloped and developing countries the percentage of income mostly comes from agriculture sector. On the contrary in developed countries most of the income comes from secondary and tertiary sector. So in developed countries we can observe that the facilities of banking sector, railway services, airway services, new invention are more than the underdeveloped countries.

In this three sector though land is an important factor of production, but pressure on land is comparatively high in primary sector which is the main source of income of underdeveloped countries and developing countries. More over high population rate, illiteracy, disguised unemployment creates a massive pressure on land. In short in underdeveloped countries families like labour, tenant, agriculture laborers faced a miserable condition as they have not their own land and without agriculture they have also not any other options of income.

To release this type of pressure on land, land reform in India  reform plays an important role. In the post of independence through land reform government try to minimize the disputation of land. The basic objectives of land reform is to abolish Zamindari, Mahalwari and Ryotwari system, Confirm the ownership of land holding and implement the ceiling of land holding.

A large portion of land which government gets through ceiling of land holding is known as special land. Government redistributes this land as per the need of this landless people with proper papers. This System is known as “Did of settlement” or locally known as “Patta”, through this the land less family now able to confirm their meal through farming.

It is really need to judge the matter in how much this type of government steps eradicate poverty and push the under developed economy towards developed once.



Comments

Popular posts from this blog

Tax and its principle

Canon of taxation A good taxation system must achieve some major objectives from the justification ground, which is able to turn the taxation system more equitable for the public and at the same time decrease inequality from the society. This principle must be fit for social welfare context also. To achieve this criteria the great economist Adam Smith suggested four important set of principle. This is popularly known as Canon of taxation.Some other economist also suggested some more canon of taxation. The major four canon of taxation which is prescribed by Adam Smith are 1) Canon of equality - taxation is not a process of collection of tax only rather it has some major objectives also. To erase inequality from the society it may takes an important steps. In realistic situation we face income is subject to diminishing marginal utility .That means if income increases the utility derived from the additional unit is decreases. In that case if same percentage of tax is applicabl...

Zamindari,Ryotwari, Mahalwari system In India

A t the time of independence there were three types of land tenure prevailing in India. They were the Zamindari system, the Ryotwari system and the Mahalwari system. The basic difference between these systems was made of payment of land revenue. But in this three systems the usual practice was, land cultivated by the tenants. Tenants themselves were three types 1 ) Occupancy tenants ---- enjoyed permanent and heritable rights on land, eligible to claim compensation from the land lord. 2) Sub tenants ----- appointed by the occupancy tenants. They did not have any security as tenure. 3) Tenant at will ---- appointed by the land lord and did not have security as a tenure could be evicted from the land at any time. Now we discuss the three main intermediaries system of land one by one. Zamindari system    ---- This system was started during the British period in India. The pioneer of this system was Lord Cornwallis. This system came in...

Input tax credit

                                  After the implementation of GST it is clear to us that it is a single tax system throughout the country, replace all type of indirect taxes of states, union territories and central. In GST system there are four types of collecting tax is introduced that is SGST-tax collected by states, CGST-tax collected by central ,UGST-tax collected by union territories and IGST-collected by central government for interstate sale. That is GST eliminates the cascading of taxes that is ‘tax on tax’ system. Now the main confusion arises when the term input tax credit comes. It is closely linked with the estimation of GST system. Now, what is input tax credit? It is the credit that an individual received for the tax on the inputs used in manufacturing the product .i.e if 10% tax he paid to buy an inputs then next step when the finished product he sale, he must be subt...