Economy
Agriculture is one of the main sources of employment, the town has been a popular grain market for last 80 years as the town is located in a highly fertile area. The Rakh Branch canal passes near one side of the town and is an irrigation source, the canal passes areas of Salarwala Chak Jhumra and ends at Samundri.Many people commute to work in cities such as Faisalabad or Lahore daily. The HUDA Sugar Mill has been operating since 1980 and provides jobs to three thousand people.Many people makes hand woven carpets.However the primary source of income comes from overseas Pakistanis, almost 50% houses in Sangla Hill have at least one person who has gone abroad.
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Famous quotes containing the word economy:
“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)
“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.”
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“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)