Economy
In 2006 the Ministry of Panchayati Raj named Dindigul one of the country's 250 most backward districts (out of a total of 640). It is one of the six districts in Tamil Nadu currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
The city is home to a major IT and textile spinning industry, which ranks highest capacity within Tamil Nadu. A large number of Chamber Brick units are functioning in this District. Dindigul Lock and Iron Safes are very famous for its quality. Hand loom, Rice milling, Ground nut and Vermicelli are the other type of food based Industries functioning in this District. There is much scope for starting the Leather based units, Lock units, Brick Units and Food based units in this District.
Read more about this topic: Dindigul District
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)