Economy
Jammu city is the main cultural and economic centre of the administrative division of Jammu. The city has a number of small industries. The industrial estates of Gangayal and Bari-Brahmana are the largest in the entire state. Jammu has a number of foodgrain mills. Jammu also has largest number of shopping complexes, cinemas, recreation centres in the state. At present the real-estate business is flourishing but some anomalies in the constitution of the state have made it to lag behind other cities.
Read more about this topic: Jammu (city)
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)
“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)
“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)