Economy
Some large and medium scale industries have established their base in the district. Some of them are
- Navabharat Ferro Alloys Ltd.
- Nilachal Refractories
- Utkal Asbestos Ltd.
- Orissa Polyfibres Ltd
- B.Samal & Company Ltd. (Manufacturers of handmade Bidis and Gudakhu; a traditional tootpaste)
- Shakti sugar Ltd
- Bhusan Steel & Strip Ltd.
- IPI STEEL LTD
- Scaw Industries Pvt. Ltd.
- Spinning mills, Govindpur
- Rana Sponge Iron Ltd.
- BRG Steel Pvt. Ltd
- GMR Energy LTD,Kamalanga.
- LANCO Power LTD.
In 2006, the Ministry of Panchayati Raj named Dhenkanal one of the country's 250 most backward districts (out of a total of 640). It is one of the 19 districts in Orissa currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
Read more about this topic: Dhenkanal District
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)