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:
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“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)