Economy
Bilaspur is center of electric power generation in India. Bilaspur and surrounding area generates 10,000 MW of electricity and additional 50,000 MW are in plan in next few years. As many as 22 companies are interested to tap an estimated power generation potential of 50,000 megawatt in the region. The Railways has got a major boost with big energy sector players set to invest Rs.5,000 crore in three proposed railways corridors around Bilaspur. Read more at: http://indiatoday.intoday.in/story/cash-strapped-railways-gets-big-coal-boost/1/203474.html
Bilaspur is the highest revenue generating railway zone in India among 17 zones. The Bilaspur railway zone comprises divisions of Bilaspur, Nagpur and Raipur.
South Eastern Coal Fields Limited (SECL) a subsidiary of Public Sector Unit Coal India Limited (CIL) - A Maharatna Company is situated with headquarters at Bilaspur. SECL is a Miniratna PSU under Ministry of Coal, with several awards in its credentials including best PSU award in 1997-98.
The downtown is called Gol Bazaar (Circular Market). Gol Bazaar, Sadar Bazaar and compani Gardan Chowk are buzzing and vibrant but overcrowded with slow moving traffic. In contrast there are some newly developed areas as well. The Vyapar Vihar is newly developed commercial and goods transport area. Bilaspur has Chhattisgarh first Hi-tech Bus stand at Bodri Bilaspur which is India's second largest Bus Stand.It has High Court Which is Asia's largest court (in area).
- Industries: Around Bilaspur, there are many Industrial Areas, including Tifra, Sirgitti and Silpahri Industrial Growth Centres. Chhattisgarh Laghu Evam Sahayak Udyog Sangh or CLSUS is an association of industries which represents all major industries of Bilaspur and Chhattisgarh.
- Power Plants - Many thermal power plants are coming up in surrounding area of Bilaspur. Notable are NTPC's Seepat,KSK MAHANADI etc.
- Hotels - There are many budget and mid-level hotels in the city. The Aananda Imperial (4 star deluxe) Hotel, Intercity, Panchvati, Clovers, East Park, Central point and Surya are famous hotels, located in the city. Marriott Courtyard will soon open at City Mall 36.
- Restaurants - There are many restaurants in the city like Rasoi, Poppinz, Temptations, China Bowl, 36 Bhog, and many.
- Shopping Mall(s): Four new malls are developing here. City Mall-36 (near Mangla Chowk) and Magneto Mall (Srikant Verma Marg) have opened here providing ultra modern shopping facilities and movie multiplex. City Centre and Rama Orchid mall are under development.And a railway mall is also developing here.
- Legal: The day the state of Chhattisgarh was constituted (1 November 2000) with its capital at Raipur, the High Court of Chhattisgarh was established at Bilaspur. It is the 19th high court of India.
- Banks: All major Indian Banks have branches and ATMs in the city.
- Website: A web-site dedicated to provide information on Bilaspur is maintained by NIC.
Read more about this topic: Bilaspur, Chhattisgarh
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)