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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)