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The economy of Nepal is a developing category and is largely dependent on agriculture and remittances. [6] Until the mid-20th century Nepal was an isolated pre-industrial society, which entered the modern era in 1951 without schools, hospitals, roads, telecommunications , electric power, industry, or civil service.
The First Five-Year Plan(1956–61) allocated Rs330 million for development expenditures of which Rs220 million were funded by international donors, partly under the Colombo Plan. [2] Transportation received top priority with almost 30% of the budget allocation but rural development, including agriculture, village development, irrigation and ...
Download as PDF; Printable version; ... Economy of Nepal-related lists (2 C, 3 P) + Nepalese businesspeople ... Five-Year Plans of Nepal;
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At the same time, Maddison showed them recovering lost ground from the 1950s, and documents the much faster rise of Japan and East Asia and the economic shrinkage of Russia in the 1990s. The book is a mass of statistical tables, mostly on a decade-by-decade basis, along with notes explaining the methods employed in arriving at particular figures.
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Nepal has more than 50% of people engaged in agriculture. Food grains contributed 76 percent of total crop production in 1988–89. In 1989-90 despite poor weather conditions and a lack of agricultural inputs, particularly fertilizer, there was a production increase of 5 percent.