Economy
Jowar and cotton are the main produce of the district. Cotton and teakwood are the chief exports of the district. Other items exported include lime, wooden furniture and oranges.
In 2006 the Ministry of Panchayati Raj named Yavatmal one of the country's 250 most backward districts (out of a total of 640). It is one of the twelve districts in Maharashtra currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
Read more about this topic: Yavatmal District
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)
“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)