Kaimur District - Economy

Economy

Agriculture the is the main component of the economy in the district. Rice, wheat, telhan, dalhan and maize are the main crops. Industries located in the district include Vanaspati Oil Ltd. and the Power Grid Corporation of India's high voltage direct current (HVDC) grid station at Pusauli.

In 2006 the Ministry of Panchayati Raj named Kaimur one of the country's 250 most backward districts (out of a total of 640). It is one of the 36 districts in Bihar currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).

Read more about this topic:  Kaimur District

Famous quotes containing the word economy:

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)

    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)

    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)