Economy
Employment is largely driven by the government and tourism. Education and horticultural produce processing, comprise most of the remainder.
In addition to being the local hub of transportation and trade, Shimla is the area's healthcare centre, hosting a medical college and four major hospitals: the Indira Gandhi Hospital (formerly known as Snowdown Hospital,) Deen Dayal Upadhyay Hospital (formerly called Ripon Hospital,) Kamala Nehru Hospital, and Indus Hospital. The city's development plan aims make Shimla an attractive health tourism spot.
Government is trying to promote technology and IT sector as the new area for growth and promotion although not many companies have yet settled in Shimla. Two notable companies that are registered in Shimla are Avant-Garde Digital, an international company, and Instablogs, a company that deals with media publishing.
Read more about this topic: Shimla
Famous quotes containing the word economy:
“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)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)