Economy
| Kochi Urban Agglomeration population | |||
|---|---|---|---|
| Census | Pop. | %± | |
| 1981 | 824,900 |
|
|
| 1991 | 1,140,600 | 38.3% | |
| 2001 | 1,536,400 | 34.7% | |
| 2011 | 2,117,990 | 37.9% | |
| Source: Census of India | |||
Kochi UA is referred to as the economic capital of Kerala. As a major coastal city which acts a gateway to goods in India, it has helped the development of the city
Kochi witnessed economic stagnation in the years following India's independence at 1947. The economic recovery gathered momentum after economic reforms in India introduced by the central government in the mid-1990s. Since 2000, the service sector has revitalised the stagnant economy. Over the years, the city has witnessed rapid commercialisation, and has today grown into the commercial capital of Kerala.
Read more about this topic: Kochi Metropolitan Area
Famous quotes containing the word economy:
“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)
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)