Economy
Being the largest part of the rich Godavari delta, agriculture and aquaculture are major parts of the economy for this District. With the discoveries of oil and natural gas, it has increased its industrial sector. It is the home of two major fertilizer factories and in addition, gas based power plants and oil refineries. Now it is one of the Largest oil & gas hubs in India.
Read more about this topic: East Godavari District
Famous quotes containing the word economy:
“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)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)