Economy
A limestone belt runs through the Rewa district and coal is found in the nearby districts of Shahdol, Umaria, Sidhi and Singrauli. Cement factories are located in nearby Naubasta, Bela (Satna district) and Bhagwar (Sidhi district). The Jaypee Group has built a township known as Jaypee Nagar in Rewa. Asia's biggest cement factory, Prism cement (previously Rasi Cement), operates near Rewa in Satna district. Various Birla Group Companies, such as Vindhya Tele Links and Birla Ericson Ltd., are also located there.
In 2006, the Ministry of Panchayati Raj named Rewa one of the country's 250 most backward districts (out of a total of 640 districts in India). It is one of the 24 districts in Madhya Pradesh currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
Read more about this topic: Rewa 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)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)