Economy
Balasore is the main town in the District of Balasore. The primary occupation of people in the district of Balasore is cultivation. Balasore district is mostly known for cultivation of paddy, since rice is the staple cereal of the local people. The district has four major revenue sources. Industries, Agriculture, fishing and Tourism.
The main market of Balasore is Nua Bazar, Motiganj, FM Square, Vivekanand Marg, Station Square, ITI Chakh, Kachehri Road, Town Hall and Nua Shahi. Multiple projects for Shopping malls are also in pipeline.
Balasore is the pride of Orissa. Balasore is the most literate town of Orissa having a literacy rate of 86%. Balasore has some good MBA And Engineering Colleges and education is far the best in the State of Orissa.
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Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)