ECONOMIC PROSPECTS

INTRODUCTION

THE PRECEDING CHAPTERS HAVE GIVEN THE ACCOUNT of progress achieved in the major departments of economic life in the district. In the present chapter an attempt has been made to give a broad out- line of the possibilities of economic development in the years to come in the context of resources available. In spite of the successful execution of the two five year plans, Ratnagiri district continues to be a backward region. The peculiar geographical position accounts for its comparatively poor development in the spheres of agriculture, trade, industry and transport. The rocky and rugged soil, lack of rich and fertile land and major irrigation facilities, absence of adequate means of transport and communications, non-availability of adequate electric power, lack of capital resources and so many other factors have come in the way of its development. The district continues to be a deficit tract as regards food grains.

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