Economy
Agriculture is the mainstay of this well irrigated district. Industrialisation had commenced with the establishment of Central Government owned Public Sector plants (PSUs) of Hindustan Antibiotics Limited and Bharat Heavy Electricals Limited, in pre-Uttarakhand 1960s period. The State Industrial Development Corporation of Uttarakhand (SIDCUL) has now established one new ‘industrial development zone’ in the district, adjacent to Shivalik Nagar near Haridwar, to encourage industrialization; with industrial giants like Hindustan Lever, Dabur, Mahendra & Mahendra and Havells having moved in, it is making the desired progress. Not insignificant to the district’s economy is the contribution of Hindu pilgrims who visit the holy places and attend the religious fairs in large numbers.
Read more about this topic: Haridwar District
Famous quotes containing the word economy:
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)