Economy
The economy of the Fazilka is based on agriculture. Before partition, it was a major wool market. Traders used to export wool to Britain via the ports at Karachi in Sindh. By 2007, wool production had decreased to about 10% of the production before partition. The area around the town grows high quality cereals (wheat, rice, and others). A hybrid variety of citrus fruit known as 'Kino' is grown in this region. The surrounding areas also produce guava and cotton.
The town is home to heritage cottage industries such as the production of woven strings (Waan) fabricated from Sarkanda grass acquired from the bank of the river Sutlej. This is a labour intensive low profit cottage industry.
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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)
“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)
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—Anthony, Sir Eden (1897–1977)