Economy
Being the largest part of the rich Godavari delta, agriculture and aquaculture are major parts of the economy for this District. With the discoveries of oil and natural gas, it has increased its industrial sector. It is the home of two major fertilizer factories and in addition, gas based power plants and oil refineries. Now it is one of the Largest oil & gas hubs in India.
Read more about this topic: East Godavari District
Famous quotes containing the word economy:
“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)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)