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ECONOMIC TRENDS
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Forest Resources
Forests occupy about 22 per cent [Socio-Economic Review and District Statistical Abstract, Yeotmal District, 1965-66.] of the total geographical area
in the district. The area under forests in Yeotmal district is, however, much less than the proportion (viz., 33 per cent) of forests as prescribed by the National Forest Convention. The area [It decreased by 5,862 hectares between 1961-62 and 1965-66.] under forests has shown a declining trend.
Timber is the most important forest produce which accounts for about 56 per cent of the total. The teak from certain areas in the district is of good quality. But the major part of it fetches rather poor value. The other forest produce comprises firewood, grass, barks, resins, gum, etc. The total value of forest produce in 1965-66 was reported at Rs. 47 lakhs against Rs. 41 lakhs in 1961-62. The value of forest produce per hectare was worked out at Rs. 12.
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