Economy
The main occupation is agriculture. Fields animal husbandry, sericulture, horticulture and beekeeping.
Another major industry is fisheries. Though the district is located along the coast, its marine products are not much renowned. Activities connected with fisheries are carried out on a large scale by fishing communities like Harikanth, Konkan Kharvis, Gabiths, Ambigas.
Daivadnya Brahmins engage in jewellery design and manufacture along with Goldsmithing. Leather works are also prominent.
Solaris Chemtech (previously BILT — Ballarpur Industries Ltd.) at Binaga manufactures caustic soda, chlorine, hydrochloric acid and phosphoric acid. Nuclear Power Corporation of India operates a nuclear power plant at Kaiga around 50 kilometres from Karwar town.
Karwar is situated on the Konkan Railway route. The railway station is located at Shirwad, 6 km away from Karwar town.
Read more about this topic: Karwar
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“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)
“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)