Economy
Godda is mostly famous for the Rajmahal Coalfields in Lalmatia. It's an integral part of Jharkhand and is known for its hills and small forests. The mine present here is an integral part of ECL coalfields and is among the biggest in whole Asia.
Until late 80's Godda was full of forests and was a remote place far from science and technology and was living in a dark age as other districts of Jharkhand. The entire scenario changed after coal was first discovered in abundance under the Rajmahal Hills by a team of the Geological Survey of India. Central Mine Planning and Design Institute Ltd conducted a detailed survey of the area. The Rajmahal Opencast Coal mine project was conceived in early 1980s, initially to supply coal to Farakka Super Thermal Power Project of NTPC, with an initial annual capacity of 5 Million tonne. For expansion of this coal mine project to 10.5 million tonne per annum, an agreement was signed between Coal India Limited and Canadian Commercial Corporation in January 1989 where MET-CHEM Canada Inc. was designated as the Canadian Executing Agency for implementing the project. The Project was completed in July 1994 and is presently being run by Eastern Coalfileds Limited personnel. Presently this mine is producing 11.5 million tonne coal per annum. This is being expanded further to 17 million tonne.
Two more opencast coal mine of Eastern Coalfields Limited are coming in Godda district, Chuperbhita opencast coal mine project (capacity - 4 million tonne) and Hurra 'C' opencast coal mine project (capacity - 3 million tonne).One of the famous and best school in godda district is DAV public school, urjanagar, high school godda,godda. It is under ecl colony and somehow run by ecl.
In 2006 the Indian government named Godda one of the country's 250 most backward districts (out of a total of 640). It is one of the 21 districts in Jharkhand currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
Read more about this topic: Godda 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)
“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)