Economy
Most of the people depend on agriculture for their livelihood. There are some silk farms and some weaving machines, but they are losing out fast against the modern industries. Murshidabad is famous for the high quality silk produced here.Beedi industry is also there.Many of the India's major beedi companies are from this district.
Trade and business are conducted primarily with Asansol, Burdwan and Kolkata. There were some discussions between India and Bangladesh to open an internal water transport link between Dhulian and Rajshahi but it has not materialized yet.
In 2006 the Ministry of Panchayati Raj named Murshidabad one of the country's 250 most backward districts (out of a total of 640). It is one of the eleven districts in West Bengal currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
Read more about this topic: Murshidabad District
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 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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)