Economy
Godda is mostly famous for the Rajmahal Coalfields in Lalmatia. It's an integral part of Jharkhand and is known for its hills and small forests. The mine present here is an integral part of ECL coalfields and is among the biggest in whole Asia.
Until late 80's Godda was full of forests and was a remote place far from science and technology and was living in a dark age as other districts of Jharkhand. The entire scenario changed after coal was first discovered in abundance under the Rajmahal Hills by a team of the Geological Survey of India. Central Mine Planning and Design Institute Ltd conducted a detailed survey of the area. The Rajmahal Opencast Coal mine project was conceived in early 1980s, initially to supply coal to Farakka Super Thermal Power Project of NTPC, with an initial annual capacity of 5 Million tonne. For expansion of this coal mine project to 10.5 million tonne per annum, an agreement was signed between Coal India Limited and Canadian Commercial Corporation in January 1989 where MET-CHEM Canada Inc. was designated as the Canadian Executing Agency for implementing the project. The Project was completed in July 1994 and is presently being run by Eastern Coalfileds Limited personnel. Presently this mine is producing 11.5 million tonne coal per annum. This is being expanded further to 17 million tonne.
Two more opencast coal mine of Eastern Coalfields Limited are coming in Godda district, Chuperbhita opencast coal mine project (capacity - 4 million tonne) and Hurra 'C' opencast coal mine project (capacity - 3 million tonne).One of the famous and best school in godda district is DAV public school, urjanagar, high school godda,godda. It is under ecl colony and somehow run by ecl.
In 2006 the Indian government named Godda one of the country's 250 most backward districts (out of a total of 640). It is one of the 21 districts in Jharkhand currently receiving funds from the Backward Regions Grant Fund Programme (BRGF).
Read more about this topic: Godda District
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“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)
“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)