A Concept Paper on: Sustainable Deployment of Unutilized Forest Resources for Economic Development.
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| 08-Aug-2024
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The text discusses economic challenges in developing countries, focusing on a specific issue in Odisha, India. It highlights how a significant portion of Odisha's land is classified as Recorded Forest Area (RFA), though it does not actually bear p...
The text discusses economic challenges in developing countries, focusing on a specific issue in Odisha, India. It highlights how a significant portion of Odisha's land is classified as Recorded Forest Area (RFA), though it does not actually bear plants. This classification significantly restricts land use because it is subject to strict forest laws and it hinders potential economic development in the region. The author argues that these restrictions create substantial opportunity costs and prevent productive use of the land. He proposes that utilizing this land for economic purposes by maintaining a balance with the environmental conservation objectives of the state could boost the state's economy by creating jobs, generating revenue, and contributing to GDP. It is an open letter to the Governor of the state of Odisha requesting him to take positive steps towards the issue. The problem is not state specific but true for many other regions of the country as well.
Tags : A Concept Paper on: Sustainable Deployment of Unutilized Forest Resources for Economic Development.,Economic Development,Developing Countries,Odisha,Recorded Forest Area (RFA),Land Use,Forest Laws,Opportunity Cost