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:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“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)