Economy
The Karbis traditionally practice jhum cultivation (slash and burn cultivation) in the hills. They grow variety of crops which include foodgrains, vegetables and fruits like rice, maize, potato, tapioca, beans, ginger and turmeric. They are quiet self-sufficient and have homestead gardens with betel nut, jackfruit, oranges, pineapple, etc. which fulfill their nutritional as well as food needs. However, with the integration of the traditional lifestyle with the market economy, many of the traditional institutions and way of life has been left damaged, bringing about unending sufferings on the people. Karbi people has the highest HPI (Human Poverty Index) value of 33.52, indicating that this tribe has the highest number of people in human poverty. (Assam Human Development Report, 2003).
Read more about this topic: Karbi People
Famous quotes containing the word economy:
“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)
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—Calvin Coolidge (1872–1933)