Economy
Wayanad is 3.79% urbanised. Agriculture, is the main stay of the economy. Coffee, tea, cocoa, pepper, plantain and vanilla are the main crops. Besides these cash crops, the most important crop in the district is rice. Dams and aqueducts have been constructed to take water to the otherwise dry areas in the district. Price of land is going up even though Agrarian crisis.
In 2006 the Ministry of Panchayati Raj named Wayanad one of the country's 250 most backward districts (out of a total of 640). It is one of the two districts in Kerala currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
Read more about this topic: Wayanad District
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)