Economy
Wayanad is 3.79% urbanised. Agriculture, is the main stay of the economy. Coffee, tea, cocoa, pepper, plantain and vanilla are the main crops. Besides these cash crops, the most important crop in the district is rice. Dams and aqueducts have been constructed to take water to the otherwise dry areas in the district. Price of land is going up even though Agrarian crisis.
In 2006 the Ministry of Panchayati Raj named Wayanad one of the country's 250 most backward districts (out of a total of 640). It is one of the two districts in Kerala currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
Read more about this topic: Wayanad 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)
“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)